Peek Under The Hood: IVOO Has 10% Upside
May 07, 2024 at 07:27 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 Vanguard S&P Mid-Cap 400 ETF (IVOO), we found that the implied analyst target price for the ETF based upon its underlying holdings is $110.68 per unit.