Peek Under The Hood: XHE Has 20% Upside

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 Health Care Equipment ETF (XHE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $109.22 per unit.