EMOT's Holdings Imply 10% Gain Potential
July 22, 2024 at 08:27 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 First Trust S&P 500 Economic Moat ETF (EMOT), we found that the implied analyst target price for the ETF based upon its underlying holdings is $21.92 per unit.