Add Up The Pieces: RZG Could Be Worth $54
June 14, 2024 at 06:41 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 SmallCap 600— Pure Growth ETF (RZG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $53.90 per unit.