RWL's Underlying Holdings Imply 10% Gain Potential
November 01, 2019 at 08:09 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 500 Revenue ETF (RWL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $60.50 per unit.