Look Under The Hood: IWR Has 12% Upside
May 01, 2024 at 07:20 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 iShares Russell Mid-Cap ETF (IWR), we found that the implied analyst target price for the ETF based upon its underlying holdings is $89.49 per unit.