PSCU's Holdings Imply 15% Gain Potential
November 19, 2020 at 08:03 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 Utilities & Communication Services ETF (PSCU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $58.76 per unit.