We Did The Math XRT Can Go To $51
April 07, 2016 at 08:06 AM EDT
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 SPDR S&P Retail ETF (XRT), we found that the implied analyst target price for the ETF based upon its underlying holdings is $51.02 per unit.