Is Cincinnati Financial Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NASDAQ: CINF) stock is to Buy CINF stock.
Out of 4 analysts, 1 (25%) are recommending CINF as a Strong Buy, 0 (0%) are recommending CINF as a Buy, 3 (75%) are recommending CINF as a Hold, 0 (0%) are recommending CINF as a Sell, and 0 (0%) are recommending CINF as a Strong Sell.
What is CINF's forecast return on equity (ROE) for 2023-2024?
(NASDAQ: CINF) forecast ROE is 9.37%, which is considered weak.
What is CINF's Price Target?
According to 4 Wall Street analysts that have issued a 1 year CINF price target, the average CINF price target is $118.00, with the highest CINF stock price forecast at $120.00 and the lowest CINF stock price forecast at $117.00.
On average, Wall Street analysts predict that Cincinnati Financial's share price could reach $118.00 by Jul 31, 2024. The average Cincinnati Financial stock price prediction forecasts a potential upside of 10.27% from the current CINF share price of $107.01.
What is CINF's forecast return on assets (ROA) for 2023-2024?
(NASDAQ: CINF) forecast ROA is 3.3%, which is lower than the forecast US Insurance - Property & Casualty industry average of 4.08%.
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