How The Parts Add Up: JKI Headed For $162
May 19, 2017 at 09:33 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 iShares Morningstar Mid-Cap Value ETF (JKI), we found that the implied analyst target price for the ETF based upon its underlying holdings is $161.87 per unit.