Add Up The Pieces: PSCU Could Be Worth $77
January 06, 2022 at 08:30 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 SmallCap Utilities & Communication Services ETF (PSCU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $76.91 per unit.