Analysts Predict 20% Gains Ahead For XME
June 13, 2017 at 09:18 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 Metals & Mining ETF (XME), we found that the implied analyst target price for the ETF based upon its underlying holdings is $36.16 per unit.