Add Up The Parts: RSP Could Be Worth $86
February 11, 2016 at 07:44 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 Guggenheim S&P 500 Equal Weight ETF (RSP), we found that the implied analyst target price for the ETF based upon its underlying holdings is $86.36 per unit.