The Math Shows XTL Can Go To $89
January 07, 2019 at 07:47 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 Telecom ETF (XTL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $88.88 per unit.