Analysts Anticipate PSCM Will Reach $50
January 10, 2020 at 08:20 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 Invesco S&P SmallCap Materials ETF (PSCM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $50.33 per unit.