How The Pieces Add Up: PSCU Targets $61
February 27, 2020 at 08:25 AM EST
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 Utilities & Communication Services ETF (PSCU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $60.99 per unit.