Peek Under The Hood: The iShares Russell 1000 ETF Has 10% Upside

For the iShares Russell 1000 ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $182.35 per unit.

With IWB trading at a recent price near $166.15 per unit, that means that analysts see 9.75% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of IWB's underlying holdings with notable upside to their analyst target prices are Popular, Element Solutions and Brunswick.

Although BPOP has traded at a recent price of $54.51/share, the average analyst target is 22.00% higher at $66.50/share. Similarly, ESI has 17.09% upside from the recent share price of $10.39 if the average analyst target price of $12.17/share is reached, and analysts on average are expecting BC to reach a target price of $59.77/share, which is 14.26% above the recent price of $52.31.

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