The Math Shows IGV Can Go To $246
November 14, 2019 at 07:54 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 iShares Expanded Tech-Software Sector ETF (IGV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $245.76 per unit.