We Did The Math SLYG Can Go To $69
October 05, 2020 at 08:09 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 $68.98 per unit.