Look Under The Hood: XLY Has 12% Upside

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 Consumer Discretionary Select Sector SPDR Fund ETF (AMEX: XLY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $88.97 per unit.