Analysts Predict 12% Upside For The Holdings of SPTM
November 16, 2023 at 06:42 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 Portfolio S&P 1500 Composite Stock Market ETF (SPTM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $61.94 per unit.