Implied SLYG Analyst Target Price: $208

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 600 Small Cap Growth ETF ( SLYG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $207.56 per unit.

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With SLYG trading at a recent price near $186.70 per unit, that means that analysts see 11.17% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of SLYG's underlying holdings with notable upside to their analyst target prices are Universal Insurance Holdings Inc ( UVE), Monotype Imaging Holdings Inc ( TYPE), and Natus Medical Inc. ( BABY). Although UVE has traded at a recent price of $20.70/share, the average analyst target is 35.27% higher at $28.00/share. Similarly, TYPE has 25.32% upside from the recent share price of $19.35 if the average analyst target price of $24.25/share is reached, and analysts on average are expecting BABY to reach a target price of $49.67/share, which is 25.26% above the recent price of $39.65. Below is a twelve month price history chart comparing the stock performance of UVE, TYPE, and BABY:

UVE, TYPE, and BABY Relative Performance Chart

Below is a summary table of the current analyst target prices discussed above:

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