The Implied Analyst 12-Month Target For PXE
June 18, 2018 at 07:32 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 Invesco Dynamic Energy Exploration & Production ETF (PXE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $29.85 per unit.