FCG's Underlying Holdings Could Mean 10% Gain Potential
December 05, 2016 at 09:22 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 First Trust ISE-Revere Natural Gas Index Fund ETF (FCG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $30.09 per unit.