Surprising Analyst 12-Month Target For RSPH
June 20, 2024 at 07:25 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 Health Care ETF (RSPH), we found that the implied analyst target price for the ETF based upon its underlying holdings is $34.42 per unit.