XAR's Underlying Holdings Could Mean 10% Gain Potential
October 10, 2018 at 07:27 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 S&P Aerospace & Defense ETF (XAR), we found that the implied analyst target price for the ETF based upon its underlying holdings is $105.68 per unit.