How The Parts Add Up: SPSM Targets $31
August 04, 2020 at 08:40 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— Portfolio S&P 600— Small Cap ETF (SPSM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $30.80 per unit.