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How The Pieces Add Up: RWJ Targets $51

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 SmallCap 600 Revenue ETF (RWJ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $50.97 per unit.

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Invesco S&P SmallCap 600 Revenue ETF (RWJ)