We Did The Math CSD Can Go To $61
June 05, 2018 at 07:43 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 Spin-Off Portfolio ETF (CSD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $60.90 per unit.