SLYG's Underlying Holdings Could Mean 12% Gain Potential
June 20, 2019 at 08:22 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 SPDR S&P 600 Small Cap Growth ETF (SLYG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $67.86 per unit.