Look Under The Hood: RALS Has 11% Upside
June 11, 2019 at 08:06 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 ProShares RAFI Long/Short ETF (RALS), we found that the implied analyst target price for the ETF based upon its underlying holdings is $38.77 per unit.