The Math Shows VV Can Go To $122
August 18, 2017 at 08:54 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 Vanguard Large-Cap ETF (VV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $122.20 per unit.