Look Under The Hood: RTM Has 15% Upside
September 20, 2021 at 10:09 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 Materials ETF (RTM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $186.30 per unit.