Analysts Anticipate PBP Will Reach $23
June 16, 2016 at 08:26 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 BuyWrite Portfolio ETF (PBP), we found that the implied analyst target price for the ETF based upon its underlying holdings is $23.07 per unit.