We Did The Math IGN Can Go To $49
April 20, 2017 at 13:07 PM 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-Multimedia Networking ETF (IGN), we found that the implied analyst target price for the ETF based upon its underlying holdings is $48.96 per unit.