PSCU's Underlying Holdings Could Mean 11% Gain Potential
February 19, 2024 at 10:59 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 Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $58.22 per unit.