Sum Up The Pieces: FITE Could Be Worth $67
July 18, 2024 at 08:42 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 Future Security ETF (FITE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $67.25 per unit.
