The Math Shows IWS Can Go To $98
February 14, 2018 at 09:06 AM EST
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 Value ETF (IWS), we found that the implied analyst target price for the ETF based upon its underlying holdings is $98.16 per unit.