Look Under The Hood: RFV Has 11% Upside
February 21, 2019 at 09:32 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 MidCap 400 Pure Value ETF (RFV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $77.88 per unit.