We Did The Math MDYV Can Go To $51
September 04, 2020 at 08:34 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— 400 Mid Cap Value ETF (MDYV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $51.00 per unit.