KRE's Underlying Holdings Could Mean 14% Gain Potential
August 20, 2020 at 07:57 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 $44.28 per unit.