Analysts See 10% Upside For KNGZ
April 22, 2024 at 09:45 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 First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $33.06 per unit.