Analysts Forecast 14% Upside For SPXE
February 26, 2020 at 08:47 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 ProShares ProShares S&P 500 Ex-Energy ETF (SPXE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $76.86 per unit.