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NASDAQ: GOGL
Golden Ocean Group Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for GOGL

Based on 1 analyst offering 12 month price targets for Golden Ocean Group Ltd.
Min Forecast
$9.50+27.35%
Avg Forecast
$9.50+27.35%
Max Forecast
$9.50+27.35%

Should I buy or sell GOGL stock?

Based on 1 analyst offering ratings for Golden Ocean Group Ltd.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GOGL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Jefferies
Bottom 8%
8
HoldReiterates$9.50+27.35%2023-02-16

1 of 1

Forecast return on equity

Is GOGL forecast to generate an efficient return?
Company
19.42%
Industry
14.99%
Market
13.12%
GOGL's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is GOGL forecast to generate an efficient return on assets?
Company
10.94%
Industry
8.54%
GOGL is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

GOGL earnings growth forecast

How is GOGL forecast to perform vs Marine Shipping companies and vs the US market?
Company
2.44%
Industry
-4.24%
Market
115.65%
GOGL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GOGL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
GOGL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

GOGL vs Shipping Stocks

TickerPricePrice TargetUp/downsideConsensus
GOGL$7.46$9.50+27.35%Hold
ZIM$13.78$16.60+20.46%Sell
SFL$8.73$12.00+37.46%Hold
DAC$58.20$80.00+37.46%Strong Buy
SBLK$17.80$27.00+51.69%Strong Buy
View Top Shipping Stocks

Golden Ocean Group Stock Forecast FAQ

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.

If you're new to stock investing, here's how to buy Golden Ocean Group stock.

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%.
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