Add Up The Pieces: PRFZ Could Be Worth $113
November 03, 2016 at 08:17 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 PowerShares FTSE RAFI US 1500 Small-Mid Portfolio ETF (PRFZ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $113.18 per unit.