SPHB's Holdings Could Mean 16% Gain Potential
August 27, 2020 at 09:13 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 Invesco S&P 500— High Beta ETF (SPHB), we found that the implied analyst target price for the ETF based upon its underlying holdings is $50.22 per unit.