Analysts Expect EWSC To Hit $48

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 Equal Weight ETF ( EWSC), we found that the implied analyst target price for the ETF based upon its underlying holdings is $47.91 per unit.

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With EWSC trading at a recent price near $41.85 per unit, that means that analysts see 14.46% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of EWSC's underlying holdings with notable upside to their analyst target prices are Aceto Corp ( ACET), BioTelemetry Inc ( BEAT), and U.S. Concrete, Inc. ( USCR). Although ACET has traded at a recent price of $16.47/share, the average analyst target is 82.15% higher at $30.00/share. Similarly, BEAT has 52.17% upside from the recent share price of $16.10 if the average analyst target price of $24.50/share is reached, and analysts on average are expecting USCR to reach a target price of $71.00/share, which is 45.49% above the recent price of $48.80. Below is a twelve month price history chart comparing the stock performance of ACET, BEAT, and USCR:

ACET, BEAT, and USCR Relative Performance Chart

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

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