We Did The Math FRAK Can Go To $18
November 13, 2017 at 09:13 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 Unconventional Oil & Gas ETF (FRAK), we found that the implied analyst target price for the ETF based upon its underlying holdings is $17.85 per unit.