How The Pieces Add Up: XSD Headed For $110
May 14, 2020 at 08:50 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— Semiconductor ETF (XSD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $109.64 per unit.