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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