Sum Up The Pieces: EWRE Could Be Worth $29
December 29, 2016 at 10:20 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 Real Estate ETF (EWRE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $29.18 per unit.