How The Pieces Add Up: RSP Targets $114
April 12, 2018 at 09:28 AM EDT
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the PowerShares S&P 500 Equal Weight Portfolio ETF (RSP), we found that the implied analyst target price for the ETF based upon its underlying holdings is $113.54 per unit.