Look Under The Hood: MLPX Has 13% Upside
February 21, 2020 at 10:06 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 MLP and Energy Infrastructure ETF (MLPX), we found that the implied analyst target price for the ETF based upon its underlying holdings is $13.37 per unit.