Is Hope Bancorp Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: HOPE) stock is to Hold HOPE stock.
Out of 3 analysts, 0 (0%) are recommending HOPE as a Strong Buy, 0 (0%) are recommending HOPE as a Buy, 3 (100%) are recommending HOPE as a Hold, 0 (0%) are recommending HOPE as a Sell, and 0 (0%) are recommending HOPE as a Strong Sell.
What is HOPE's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: HOPE) forecast ROE is 10.91%, which is considered weak.
What is HOPE's Price Target?
According to 3 Wall Street analysts that have issued a 1 year HOPE price target, the average HOPE price target is $10.67, with the highest HOPE stock price forecast at $11.00 and the lowest HOPE stock price forecast at $10.00.
On average, Wall Street analysts predict that Hope Bancorp's share price could reach $10.67 by Jul 25, 2024. The average Hope Bancorp stock price prediction forecasts a potential upside of 21.08% from the current HOPE share price of $8.81.
What is HOPE's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: HOPE) forecast ROA is 1.11%, which is lower than the forecast US Banks - Regional industry average of 20.89%.
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