Look Under The Hood: REGL Has 18% Upside
March 04, 2020 at 08:47 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 ProShares ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $64.04 per unit.