We Did The Math KRE Can Go To $80
January 03, 2022 at 09:17 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— S&P— Regional Banking ETF (KRE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $80.10 per unit.