Add Up The Pieces: XHB Could Be Worth $79
June 17, 2021 at 08:04 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— Homebuilders ETF (XHB), we found that the implied analyst target price for the ETF based upon its underlying holdings is $78.66 per unit.