Surprising Analyst 12-Month Target For KCE
September 09, 2020 at 08:12 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— Capital Markets ETF (KCE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $64.30 per unit.