Is Galecto Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: GLTO) stock is to Strong Buy GLTO stock.
Out of 3 analysts, 1 (33.33%) are recommending GLTO as a Strong Buy, 2 (66.67%) are recommending GLTO as a Buy, 0 (0%) are recommending GLTO as a Hold, 0 (0%) are recommending GLTO as a Sell, and 0 (0%) are recommending GLTO as a Strong Sell.
What is GLTO's forecast return on equity (ROE) for 2023-2026?
(NASDAQ: GLTO) forecast ROE is N/A, which is considered weak.
What is GLTO's Price Target?
According to 3 Wall Street analysts that have issued a 1 year GLTO price target, the average GLTO price target is $11.33, with the highest GLTO stock price forecast at $16.00 and the lowest GLTO stock price forecast at $6.00.
On average, Wall Street analysts predict that Galecto's share price could reach $11.33 by May 24, 2024. The average Galecto stock price prediction forecasts a potential upside of 417.49% from the current GLTO share price of $2.19.
What is GLTO's forecast return on assets (ROA) for 2023-2026?
(NASDAQ: GLTO) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 0.12%.
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