Look Under The Hood: XLY Has 12% Upside |
May 05, 2016 | May 2016 Bond Updates |
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 Consumer Discretionary Select Sector SPDR Fund ETF (AMEX: XLY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $88.97 per unit. |
View more at: http://www.forbes.com/sites/dividendchannel/2016/05/04/look-under-the-hood-xly-has-12-upside/ |
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