How The Pieces Add Up: RYE Targets $68
January 30, 2018 at 08:27 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 Guggenheim S&P 500 Equal Weight Energy ETF (RYE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $67.55 per unit.