DIG's Holdings Imply 10% Gain Potential
April 04, 2016 at 08:15 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 ProShares Ultra Oil & Gas ETF (DIG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $33.04 per unit.