The Math Shows IJK Can Go To $89
May 28, 2021 at 07:58 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 iShares S&P Mid-Cap 400 Growth ETF (IJK), we found that the implied analyst target price for the ETF based upon its underlying holdings is $88.96 per unit.