Is Medallion Financial Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: MFIN) stock is to Strong Buy MFIN stock.
Out of 1 analyst, 1 (100%) are recommending MFIN as a Strong Buy, 0 (0%) are recommending MFIN as a Buy, 0 (0%) are recommending MFIN as a Hold, 0 (0%) are recommending MFIN as a Sell, and 0 (0%) are recommending MFIN as a Strong Sell.
What is MFIN's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: MFIN) forecast ROE is 12.08%, which is considered weak.
What is MFIN's Price Target?
According to 1 Wall Street analyst that have issued a 1 year MFIN price target, the average MFIN price target is $12.00, with the highest MFIN stock price forecast at $12.00 and the lowest MFIN stock price forecast at $12.00.
The Wall Street analyst predicted that Medallion Financial's share price could reach $12.00 by Aug 2, 2024. The average Medallion Financial stock price prediction forecasts a potential upside of 61.29% from the current MFIN share price of $7.44.
What is MFIN's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: MFIN) forecast ROA is 1.53%, which is lower than the forecast US Credit Services industry average of 18.27%.
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