Add Up The Parts: KCE Could Be Worth $44
July 25, 2016 at 07:38 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 Capital Markets ETF (KCE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $43.90 per unit.