XTH's Holdings Could Mean 12% Gain Potential
November 03, 2017 at 09:22 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 Technology Hardware ETF (XTH), we found that the implied analyst target price for the ETF based upon its underlying holdings is $86.99 per unit.