Analysts Predict 11% Upside For FTXG
May 26, 2022 at 07:38 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 Nasdaq Food & Beverage ETF (FTXG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $29.69 per unit.