Analysts Anticipate SPMD Will Reach $54
September 30, 2021 at 09:49 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 400 Mid Cap ETF (SPMD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $54.27 per unit.