Surprising Analyst 12-Month Target For XHB
May 14, 2018 at 08:24 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 Homebuilders ETF (XHB), we found that the implied analyst target price for the ETF based upon its underlying holdings is $47.24 per unit.