How The Parts Add Up: PRFZ Headed For $128
July 07, 2017 at 09:17 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 $128.30 per unit.