SLY's Underlying Holdings Could Mean 15% Gain Potential
October 28, 2020 at 09:52 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— 600 Small Cap ETF (SLY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $73.77 per unit.