Surprising Analyst 12-Month Target For XSD
March 06, 2017 at 08:22 AM EST
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 Semiconductor ETF (XSD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $65.94 per unit.