How The Pieces Add Up: RALS Headed For $34
September 25, 2020 at 07:57 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 ProShares ProShares RAFI Long/Short ETF (RALS), we found that the implied analyst target price for the ETF based upon its underlying holdings is $34.48 per unit.