Analysts Forecast 13% Upside For PSI
December 01, 2017 at 08:25 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 PowerShares Dynamic Semiconductors Portfolio ETF (PSI), we found that the implied analyst target price for the ETF based upon its underlying holdings is $57.70 per unit.