The Math Shows IJR Can Go To $89
June 12, 2019 at 08:12 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 Core S&P Small-Cap ETF (IJR), we found that the implied analyst target price for the ETF based upon its underlying holdings is $89.19 per unit.