Is Golden Ocean Group Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: GOGL) stock is to Hold GOGL stock.
Out of 1 analyst, 0 (0%) are recommending GOGL as a Strong Buy, 0 (0%) are recommending GOGL as a Buy, 1 (100%) are recommending GOGL as a Hold, 0 (0%) are recommending GOGL as a Sell, and 0 (0%) are recommending GOGL as a Strong Sell.
What is GOGL's forecast return on equity (ROE) for 2023-2024?
(NASDAQ: GOGL) forecast ROE is 19.42%, which is considered weak.
What is GOGL's Price Target?
According to 1 Wall Street analyst that have issued a 1 year GOGL price target, the average GOGL price target is $9.50, with the highest GOGL stock price forecast at $9.50 and the lowest GOGL stock price forecast at $9.50.
The Wall Street analyst predicted that Golden Ocean Group's share price could reach $9.50 by Feb 16, 2024. The average Golden Ocean Group stock price prediction forecasts a potential upside of 27.35% from the current GOGL share price of $7.46.
What is GOGL's forecast return on assets (ROA) for 2023-2024?
(NASDAQ: GOGL) forecast ROA is 10.94%, which is higher than the forecast US Marine Shipping industry average of 8.54%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.