How The Parts Add Up: CZA Targets $68
June 19, 2020 at 08:26 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 Zacks Mid-Cap ETF (CZA), we found that the implied analyst target price for the ETF based upon its underlying holdings is $68.17 per unit.