Look Under The Hood: PSCF Has 16% Upside
October 02, 2020 at 07:49 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 Invesco S&P SmallCap Financials ETF (PSCF), we found that the implied analyst target price for the ETF based upon its underlying holdings is $44.75 per unit.