IWR's Underlying Holdings Could Mean 11% Gain Potential
August 22, 2017 at 09:39 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 Russell Mid-Cap ETF (IWR), we found that the implied analyst target price for the ETF based upon its underlying holdings is $209.66 per unit.