How The Parts Add Up: EQWL Targets $103
May 13, 2024 at 07:18 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 100 Equal Weight ETF (EQWL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $102.86 per unit.