Look Under The Hood: XLG Has 11% Upside
May 10, 2018 at 09:37 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 PowerShares S&P 500 Top 50 Portfolio ETF (XLG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $212.69 per unit.