We Did The Math SPLG Can Go To $76
November 19, 2024 at 07:25 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 ETF (SPLG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $76.19 per unit.