FRI's Holdings Imply 10% Gain Potential
March 27, 2017 at 09:11 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 REIT Index Fund ETF (FRI), we found that the implied analyst target price for the ETF based upon its underlying holdings is $25.08 per unit.