Analysts Anticipate 37% Gains Ahead For The Holdings of RYE
February 09, 2016 at 08:12 AM EST
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 Guggenheim S&P 500 Equal Weight Energy ETF (RYE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $57.76 per unit.