How The Pieces Add Up: RZG Headed For $90
March 24, 2016 at 07:59 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 SmallCap 600 Pure Growth ETF (RZG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $89.88 per unit.