Analysts Expect PKB Will Reach $27
June 28, 2016 at 09:52 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 PowerShares Dynamic Building & Construction Portfolio ETF (PKB), we found that the implied analyst target price for the ETF based upon its underlying holdings is $26.92 per unit.