The Math Shows JKG Can Go To $205
March 22, 2018 at 10:02 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 iShares Morningstar Mid-Cap ETF (JKG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $205.21 per unit.