Implied SPMO Analyst Target Price: $56
November 19, 2020 at 07:56 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— Momentum ETF (SPMO), we found that the implied analyst target price for the ETF based upon its underlying holdings is $55.71 per unit.