Is Alliance Resource Partners Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: ARLP) stock is to Strong Buy ARLP stock.
Out of 1 analyst, 1 (100%) are recommending ARLP as a Strong Buy, 0 (0%) are recommending ARLP as a Buy, 0 (0%) are recommending ARLP as a Hold, 0 (0%) are recommending ARLP as a Sell, and 0 (0%) are recommending ARLP as a Strong Sell.
What is ARLP's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: ARLP) forecast ROE is 41.83%, which is considered strong.
What is ARLP's Price Target?
According to 1 Wall Street analyst that have issued a 1 year ARLP price target, the average ARLP price target is $28.00, with the highest ARLP stock price forecast at $28.00 and the lowest ARLP stock price forecast at $28.00.
The Wall Street analyst predicted that Alliance Resource Partners's share price could reach $28.00 by Jan 31, 2024. The average Alliance Resource Partners stock price prediction forecasts a potential upside of 53.76% from the current ARLP share price of $18.21.
What is ARLP's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: ARLP) forecast ROA is 25.23%, which is higher than the forecast US Thermal Coal industry average of 23.66%.
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