The Math Shows XTN Can Go To $73
August 17, 2018 at 09:19 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 Transportation ETF (XTN), we found that the implied analyst target price for the ETF based upon its underlying holdings is $73.07 per unit.