Is Middlesex Water Co Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: MSEX) stock is to Buy MSEX stock.
Out of 1 analyst, 0 (0%) are recommending MSEX as a Strong Buy, 1 (100%) are recommending MSEX as a Buy, 0 (0%) are recommending MSEX as a Hold, 0 (0%) are recommending MSEX as a Sell, and 0 (0%) are recommending MSEX as a Strong Sell.
What is MSEX's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: MSEX) forecast ROE is 11.57%, which is considered weak.
What is MSEX's Price Target?
According to 1 Wall Street analyst that have issued a 1 year MSEX price target, the average MSEX price target is $85.00, with the highest MSEX stock price forecast at $85.00 and the lowest MSEX stock price forecast at $85.00.
The Wall Street analyst predicted that Middlesex Water Co's share price could reach $85.00 by May 2, 2024. The average Middlesex Water Co stock price prediction forecasts a potential upside of 3.01% from the current MSEX share price of $82.52.
What is MSEX's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: MSEX) forecast ROA is 4.25%, which is higher than the forecast US Utilities - Regulated Water industry average of 3.4%.
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