Peek Under The Hood: PBJ Has 10% Upside
April 12, 2018 at 09:17 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 $35.68 per unit.