How The Pieces Add Up: SMLF Headed For $41
April 17, 2020 at 08:41 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 iShares Edge MSCI Multifactor USA Small-Cap ETF (SMLF), we found that the implied analyst target price for the ETF based upon its underlying holdings is $40.64 per unit.