How The Pieces Add Up: XWEB Headed For $68
February 09, 2017 at 08:32 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 XWEB: SPDR S&P Internet ETF, US Equities ETF (XWEB), we found that the implied analyst target price for the ETF based upon its underlying holdings is $68.33 per unit.