How The Parts Add Up: SPYG Targets $40
November 06, 2018 at 08:01 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 Growth ETF (SPYG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $40.28 per unit.