Sum Up The Pieces: SPTM Could Be Worth $45
September 22, 2020 at 08:11 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 1500— Composite Stock Market ETF (SPTM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $44.93 per unit.