We Did The Math IJK Can Go To $247
November 19, 2018 at 07:31 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 iShares S&P Mid-Cap 400 Growth ETF (IJK), we found that the implied analyst target price for the ETF based upon its underlying holdings is $246.65 per unit.