We Did The Math RPV Can Go To $74
December 11, 2019 at 09:27 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 Invesco S&P 500— Pure Value ETF (RPV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $74.24 per unit.