How The Parts Add Up: SPHQ Headed For $27

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 PowerShares S&P 500 Quality Portfolio ETF (AMEX: SPHQ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $27.17 per unit.