Implied RZV Analyst Target Price: $66

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 Guggenheim S&P SmallCap 600 Pure Value ETF ( RZV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $66.27 per unit.

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With RZV trading at a recent price near $59.75 per unit, that means that analysts see 10.92% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of RZV's underlying holdings with notable upside to their analyst target prices are PH Glatfelter Co ( GLT), Central Garden & Pet Co ( CENT), and Central Garden & Pet Co ( CENTA). Although GLT has traded at a recent price of $18.00/share, the average analyst target is 30.56% higher at $23.50/share. Similarly, CENT has 25.52% upside from the recent share price of $23.90 if the average analyst target price of $30.00/share is reached, and analysts on average are expecting CENTA to reach a target price of $28.00/share, which is 22.06% above the recent price of $22.94. Below is a twelve month price history chart comparing the stock performance of GLT, CENT, and CENTA:

GLT, CENT, and CENTA Relative Performance Chart

Below is a summary table of the current analyst target prices discussed above:

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