Analysts Expect 12% Gains Ahead For UPRO
August 15, 2019 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 ProShares UltraPro S&P500 ETF (UPRO), we found that the implied analyst target price for the ETF based upon its underlying holdings is $54.12 per unit.