The Math Shows FXH Can Go To $67

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 Health Care AlphaDEX Fund ETF (AMEX: FXH), we found that the implied analyst target price for the ETF based upon its underlying holdings is $67.11 per unit.