How The Pieces Add Up: MDYV Targets $80
November 23, 2021 at 11:07 AM EST
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 400 Mid Cap Value ETF (MDYV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $80.05 per unit.