Analysts Expect 14% Upside For The Holdings of RSPM
December 12, 2024 at 07:27 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 Materials ETF (RSPM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $40.25 per unit.