FRAK's Holdings Imply 27% Gain Potential
April 11, 2019 at 08:32 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 Unconventional Oil & Gas ETF (FRAK), we found that the implied analyst target price for the ETF based upon its underlying holdings is $16.56 per unit.