Is Oceanfirst Financial Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: OCFC) stock is to Hold OCFC stock.
Out of 3 analysts, 0 (0%) are recommending OCFC as a Strong Buy, 1 (33.33%) are recommending OCFC as a Buy, 2 (66.67%) are recommending OCFC as a Hold, 0 (0%) are recommending OCFC as a Sell, and 0 (0%) are recommending OCFC as a Strong Sell.
What is OCFC's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: OCFC) forecast ROE is 10.42%, which is considered weak.
What is OCFC's Price Target?
According to 3 Wall Street analysts that have issued a 1 year OCFC price target, the average OCFC price target is $20.33, with the highest OCFC stock price forecast at $24.00 and the lowest OCFC stock price forecast at $17.00.
On average, Wall Street analysts predict that Oceanfirst Financial's share price could reach $20.33 by Sep 18, 2024. The average Oceanfirst Financial stock price prediction forecasts a potential upside of 42.39% from the current OCFC share price of $14.28.
What is OCFC's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: OCFC) forecast ROA is 1.25%, which is lower than the forecast US Banks - Regional industry average of 21.04%.
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