Surprising Analyst 12-Month Target For JKG
October 20, 2016 at 09:32 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 Morningstar Mid-Cap ETF (JKG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $167.02 per unit.