GXC Could Be Worth $126 Based on Analyst Targets

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Summary · why it matters

The SPDR S&P China ETF, trading under the symbol GXC, has an implied analyst target price of $125.80 per unit based on the weighted average of analyst targets for its underlying holdings. With GXC recently trading near $85.90, this implies a potential upside of 46.44%. Three holdings with notable upside include EHang Holdings Ltd, which has an average analyst target of $19.20 per share, 213.18% above its recent price of $6.13; MINISO Group Holding Ltd, with a target of $22.23, 94.87% above its recent price of $11.41; and Tencent Music Entertainment Group, with a target of $15.17, 80.82% above its recent price of $8.39.

Impact on stocks 3

Communication Services · 1 stocks
Consumer Discretionary · 1 stocks
Advanced Air Mobility (eVTOL) · 1 stocks