Sum Up The Parts: FRAK Could Be Worth $21
March 20, 2017 at 09:38 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 Unconventional Oil & Gas ETF (FRAK), we found that the implied analyst target price for the ETF based upon its underlying holdings is $20.65 per unit.