Analysts Anticipate SMD Will Reach $100
August 10, 2017 at 10:48 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 1000 ETF (SMD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $100.26 per unit.