How The Parts Add Up: NAIL Headed For $49
December 15, 2020 at 07:57 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 Daily Homebuilders & Supplies Bull 3X Shares ETF (NAIL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $48.94 per unit.