Add Up The Pieces: CZA Could Be Worth $109
January 06, 2022 at 08:23 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 Zacks Mid-Cap ETF (CZA), we found that the implied analyst target price for the ETF based upon its underlying holdings is $108.80 per unit.