How The Parts Add Up: IGN Targets $52
October 11, 2017 at 08:23 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 North American Tech-Multimedia Networking ETF (IGN), we found that the implied analyst target price for the ETF based upon its underlying holdings is $51.96 per unit.