The Implied Analyst 12-Month Target For FXR
June 19, 2018 at 07:41 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 First Trust Industrials/Producer Durables AlphaDEX Fund ETF (FXR), we found that the implied analyst target price for the ETF based upon its underlying holdings is $45.09 per unit.