The Math Shows JKH Can Go To $180
December 01, 2016 at 09:12 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 iShares Morningstar Mid-Cap Growth ETF (JKH), we found that the implied analyst target price for the ETF based upon its underlying holdings is $179.71 per unit.