XTH's Underlying Holdings Imply 17% Gain Potential
May 23, 2018 at 13:39 PM 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 Technology Hardware ETF (XTH), we found that the implied analyst target price for the ETF based upon its underlying holdings is $87.52 per unit.