Analysts Expect 11% Upside For The Holdings of EWMC
June 27, 2016 at 07:54 AM EDT
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 Guggenheim S&P MidCap 400 Equal Weight ETF (EWMC), we found that the implied analyst target price for the ETF based upon its underlying holdings is $54.63 per unit.