How The Pieces Add Up: KRE Targets $61
April 23, 2019 at 07:52 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 Regional Banking ETF (KRE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $60.76 per unit.