Add Up The Pieces: IGV Could Be Worth $117
May 19, 2016 at 09:40 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 iShares North American Tech-Software ETF (IGV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $116.58 per unit.