Add Up The Pieces: CZA Could Be Worth $73
May 15, 2018 at 09:19 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 Zacks Mid-Cap Portfolio ETF (CZA), we found that the implied analyst target price for the ETF based upon its underlying holdings is $73.17 per unit.