Analysts Expect SPHB Will Reach $48
April 08, 2019 at 07:39 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 $47.78 per unit.