SPYB's Holdings Could Mean 12% Gain Potential
April 11, 2016 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 500 Buyback ETF (SPYB), we found that the implied analyst target price for the ETF based upon its underlying holdings is $51.82 per unit.