Analysts Forecast 10% Gains Ahead For PBJ
June 29, 2017 at 09:00 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 PowerShares Dynamic Food & Beverage Portfolio ETF (PBJ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $34.65 per unit.