Analysts Anticipate RTM To Hit $122
November 04, 2019 at 08:06 AM EST
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 $121.52 per unit.