Surprising Analyst 12-Month Target For IWP
April 26, 2016 at 08:45 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 Russell Mid-Cap Growth ETF (IWP), we found that the implied analyst target price for the ETF based upon its underlying holdings is $101.86 per unit.