Sum Up The Parts: SPYD Could Be Worth $45
November 22, 2021 at 11:52 AM EST
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 500— High Dividend ETF (SPYD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $44.72 per unit.