Is First Internet Bancorp Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: INBK) stock is to Hold INBK stock.
Out of 3 analysts, 0 (0%) are recommending INBK as a Strong Buy, 0 (0%) are recommending INBK as a Buy, 3 (100%) are recommending INBK as a Hold, 0 (0%) are recommending INBK as a Sell, and 0 (0%) are recommending INBK as a Strong Sell.
What is INBK's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: INBK) forecast ROE is 13.02%, which is considered weak.
What is INBK's Price Target?
According to 3 Wall Street analysts that have issued a 1 year INBK price target, the average INBK price target is $17.33, with the highest INBK stock price forecast at $22.00 and the lowest INBK stock price forecast at $12.00.
On average, Wall Street analysts predict that First Internet Bancorp's share price could reach $17.33 by May 5, 2024. The average First Internet Bancorp stock price prediction forecasts a potential upside of 44.38% from the current INBK share price of $12.01.
What is INBK's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: INBK) forecast ROA is 0.98%, which is lower than the forecast US Banks - Regional industry average of 12.42%.
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