Surprising Analyst 12-Month Target For RHS
October 06, 2017 at 08:30 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 Guggenheim S&P 500 Equal Weight Consumer Staples ETF (RHS), we found that the implied analyst target price for the ETF based upon its underlying holdings is $135.10 per unit.