Add Up The Pieces: FRAK Could Be Worth $14
January 06, 2020 at 08:12 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 Unconventional Oil & Gas ETF (FRAK), we found that the implied analyst target price for the ETF based upon its underlying holdings is $13.64 per unit.