How The Pieces Add Up: HAIL Targets $39
July 16, 2024 at 07:51 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 Kensho Smart Mobility ETF (HAIL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $38.93 per unit.