The Math Shows JKL Can Go To $126
August 13, 2020 at 08:05 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 iShares Morningstar Small-Cap Value ETF (JKL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $126.35 per unit.