How The Pieces Add Up: RFG Targets $262
August 30, 2021 at 09:17 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 MidCap 400— Pure Growth ETF (RFG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $261.72 per unit.