Analysts Expect 12% Upside For PSCM
February 21, 2020 at 10:06 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 S&P SmallCap Materials ETF (PSCM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $51.34 per unit.