We Did The Math FV Can Go To $64
July 18, 2024 at 08:39 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 First Trust Dorsey Wright Focus 5 ETF (FV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $64.01 per unit.