How The Pieces Add Up: MMLG Targets $32
October 10, 2024 at 11:37 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 Multi-Manager Large Growth ETF (MMLG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $32.27 per unit.
