We Did The Math RPG Can Go To $94
August 25, 2016 at 08:00 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 Guggenheim S&P 500 Pure Growth ETF (RPG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $94.00 per unit.