Peek Under The Hood: PXE Has 24% Upside
August 13, 2020 at 08:03 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 Invesco Dynamic Energy Exploration & Production ETF (PXE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $12.61 per unit.