Sum Up The Pieces: PSCF Could Be Worth $58
August 15, 2019 at 08:21 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 Financials ETF (PSCF), we found that the implied analyst target price for the ETF based upon its underlying holdings is $57.97 per unit.