SPHD's Holdings Imply 10% Gain Potential
May 18, 2017 at 09:06 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 PowerShares S&P 500 High Dividend Low Volatility Portfolio ETF (SPHD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $43.39 per unit.