Sum Up The Parts: KRU Could Be Worth $78
August 24, 2017 at 08:56 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 S&P Regional Banking ETF (KRU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $77.82 per unit.