Look Under The Hood: RSP Has 11% Upside
November 23, 2022 at 10:13 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 500— Equal Weight ETF (RSP), we found that the implied analyst target price for the ETF based upon its underlying holdings is $161.87 per unit.