The Implied Analyst 12-Month Target For DDIV
February 26, 2020 at 08:51 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 First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $28.75 per unit.