The Math Shows CZA Can Go To $79
September 03, 2019 at 08:14 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 Zacks Mid-Cap ETF (CZA), we found that the implied analyst target price for the ETF based upon its underlying holdings is $79.39 per unit.