Implied PPA Analyst Target Price: $43
October 19, 2016 at 09:09 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 Aerospace & Defense Portfolio ETF (PPA), we found that the implied analyst target price for the ETF based upon its underlying holdings is $42.73 per unit.