How The Parts Add Up: IGV Targets $118
June 28, 2016 at 09:39 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 North American Tech-Software ETF (IGV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $118.14 per unit.