Add Up The Parts: PBJ Could Be Worth $46
September 08, 2021 at 07:58 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 Dynamic Food & Beverage ETF (PBJ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $46.40 per unit.