The Implied Analyst 12-Month Target For RGI
July 10, 2020 at 08:20 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— Equal Weight Industrials ETF (RGI), we found that the implied analyst target price for the ETF based upon its underlying holdings is $128.71 per unit.