Add Up The Pieces: IWR Could Be Worth $182
February 03, 2016 at 14:08 PM 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 iShares Russell Mid-Cap ETF (IWR), we found that the implied analyst target price for the ETF based upon its underlying holdings is $181.70 per unit.