Add Up The Pieces: PBP Could Be Worth $24
August 18, 2017 at 09:03 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 PowerShares S&P 500 BuyWrite Portfolio ETF (PBP), we found that the implied analyst target price for the ETF based upon its underlying holdings is $24.48 per unit.