XOP's Underlying Holdings Could Mean 11% Gain Potential
May 26, 2021 at 07:54 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— Oil & Gas Exploration & Production ETF (XOP), we found that the implied analyst target price for the ETF based upon its underlying holdings is $94.59 per unit.