We Did The Math CVY Can Go To $21
February 08, 2016 at 07:31 AM 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 Guggenheim Multi-Asset Income ETF (CVY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $21.20 per unit.