We Did The Math RZG Can Go To $128
May 30, 2019 at 08:24 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 S&P SmallCap 600— Pure Growth ETF (RZG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $127.69 per unit.