How The Parts Add Up: JKG Headed For $157

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 iShares Morningstar Mid-Cap ETF (AMEX: JKG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $156.65 per unit.