Peek Under The Hood: RPG Has 13% Upside
February 26, 2020 at 08:31 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 500— Pure Growth ETF (RPG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $140.40 per unit.