Surprising Analyst 12-Month Target For CVY
November 04, 2019 at 08:01 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 Invesco Zacks Multi-Asset Income ETF (CVY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $25.61 per unit.