Add Up The Pieces: XSW Could Be Worth $61
November 10, 2016 at 09:09 AM EST
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 Software & Services ETF (XSW), we found that the implied analyst target price for the ETF based upon its underlying holdings is $60.76 per unit.