How The Parts Add Up: MIDF Headed For $30
February 26, 2020 at 08:31 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 iShares Edge MSCI Multifactor USA Mid-Cap ETF (MIDF), we found that the implied analyst target price for the ETF based upon its underlying holdings is $30.30 per unit.