Analysts Predict 12% Upside For MDYG
May 14, 2019 at 08:16 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 400 Mid Cap Growth ETF (MDYG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $58.29 per unit.