We Did The Math XWEB Can Go To $74
June 15, 2017 at 13:26 PM 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 Internet ETF (XWEB), we found that the implied analyst target price for the ETF based upon its underlying holdings is $73.99 per unit.