We Did The Math XHB Can Go To $47
September 06, 2018 at 07:28 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 $46.88 per unit.