How The Parts Add Up: RPG Headed For $128
June 17, 2019 at 08:04 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— Pure Growth ETF (RPG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $128.42 per unit.