The Math Shows CSD Can Go To $48
September 24, 2020 at 08:45 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 S&P Spin-Off ETF (CSD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $47.73 per unit.