Is Fortress Biotech Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: FBIO) stock is to Strong Buy FBIO stock.
Out of 2 analysts, 1 (50%) are recommending FBIO as a Strong Buy, 1 (50%) are recommending FBIO as a Buy, 0 (0%) are recommending FBIO as a Hold, 0 (0%) are recommending FBIO as a Sell, and 0 (0%) are recommending FBIO as a Strong Sell.
What is FBIO's forecast return on equity (ROE) for 2023-2026?
(NASDAQ: FBIO) forecast ROE is N/A, which is considered weak.
What is FBIO's Price Target?
According to 2 Wall Street analysts that have issued a 1 year FBIO price target, the average FBIO price target is $5.00, with the highest FBIO stock price forecast at $5.00 and the lowest FBIO stock price forecast at $5.00.
On average, Wall Street analysts predict that Fortress Biotech's share price could reach $5.00 by Aug 15, 2024. The average Fortress Biotech stock price prediction forecasts a potential upside of 1,544.74% from the current FBIO share price of $0.30.
What is FBIO's forecast return on assets (ROA) for 2023-2026?
(NASDAQ: FBIO) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 0.07%.
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