Is News Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: NWSA) stock is to Strong Buy NWSA stock.
Out of 3 analysts, 3 (100%) are recommending NWSA as a Strong Buy, 0 (0%) are recommending NWSA as a Buy, 0 (0%) are recommending NWSA as a Hold, 0 (0%) are recommending NWSA as a Sell, and 0 (0%) are recommending NWSA as a Strong Sell.
What is NWSA's forecast return on equity (ROE) for 2024-2025?
(NASDAQ: NWSA) forecast ROE is 9.07%, which is considered weak.
What is NWSA's Price Target?
According to 3 Wall Street analysts that have issued a 1 year NWSA price target, the average NWSA price target is $29.17, with the highest NWSA stock price forecast at $32.00 and the lowest NWSA stock price forecast at $27.50.
On average, Wall Street analysts predict that News's share price could reach $29.17 by Aug 21, 2024. The average News stock price prediction forecasts a potential upside of 45.4% from the current NWSA share price of $20.06.
What is NWSA's forecast return on assets (ROA) for 2024-2025?
(NASDAQ: NWSA) forecast ROA is 4.32%, which is lower than the forecast US Entertainment industry average of 9.83%.
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