HAIL's Holdings Imply 19% Gain Potential
July 15, 2019 at 08:08 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 Kensho Smart Mobility ETF (HAIL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $33.64 per unit.