Look Under The Hood: XSHD Has 10% Upside
August 03, 2017 at 08:48 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 PowerShares S&P SmallCap High Dividend Low Volatility Portfolio ETF (XSHD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $26.68 per unit.