The Math Shows IVE Can Go To $128
January 17, 2019 at 09:05 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 500 Value ETF (IVE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $127.78 per unit.