How The Pieces Add Up: RYF Targets $49
March 23, 2018 at 10:21 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 Guggenheim S&P 500 Equal Weight Financials ETF (RYF), we found that the implied analyst target price for the ETF based upon its underlying holdings is $48.95 per unit.