We Did The Math RYU Can Go To $110
December 10, 2020 at 08:00 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— Equal Weight Utilities ETF (RYU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $110.32 per unit.