MDYG's Holdings Could Mean 13% Gain Potential
January 29, 2019 at 07:57 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 400 Mid Cap Growth ETF (MDYG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $55.92 per unit.