Look Under The Hood: RSP Has 20% Upside
January 17, 2019 at 08:12 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 Invesco S&P 500 Equal Weight ETF (RSP), we found that the implied analyst target price for the ETF based upon its underlying holdings is $115.28 per unit.