The Math Shows TWOK Can Go To $32
December 07, 2017 at 08:20 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 SPSM: SPDR Portfolio Small Cap ETF, Low Cost Core ETF (TWOK), we found that the implied analyst target price for the ETF based upon its underlying holdings is $32.46 per unit.