SPUN's Holdings Imply 15% Gain Potential
July 30, 2018 at 08:28 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 Global Spin-Off ETF (SPUN), we found that the implied analyst target price for the ETF based upon its underlying holdings is $22.78 per unit.