Peek Under The Hood: RALS Has 12% Upside
October 05, 2020 at 08:02 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 ProShares ProShares RAFI Long/Short ETF (RALS), we found that the implied analyst target price for the ETF based upon its underlying holdings is $33.20 per unit.