We Did The Math XSD Can Go To $118
June 29, 2020 at 08:30 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— Semiconductor ETF (XSD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $117.89 per unit.