Peek Under The Hood: NOBL Has 10% Upside
August 06, 2019 at 09:22 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 S&P 500 Dividend Aristocrats ETF (NOBL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $73.45 per unit.