CVY's Holdings Could Mean 11% Gain Potential
March 27, 2019 at 07:32 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 Multi-Asset Income ETF (CVY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $23.83 per unit.