Look Under The Hood: CVMC Has 10% Upside

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 Calvert US Mid-Cap Core Responsible Index ETF (CVMC), we found that the implied analyst target price for the ETF based upon its underlying holdings is $68.52 per unit.