Surprising Analyst 12-Month Target For XLG
August 25, 2016 at 08:03 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 Guggenheim S&P 500 Top 50 ETF (XLG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $168.19 per unit.