How The Parts Add Up: PXJ Headed For $37
March 25, 2024 at 06:38 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 Invesco Oil & Gas Services ETF (PXJ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $36.82 per unit.