We Did The Math FVL Can Go To $24
February 01, 2017 at 08:55 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 First Trust Value Line 100 Exchange-Traded Fund ETF (FVL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $24.45 per unit.