Is Rimini Street Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: RMNI) stock is to Hold RMNI stock.
Out of 1 analyst, 0 (0%) are recommending RMNI as a Strong Buy, 0 (0%) are recommending RMNI as a Buy, 1 (100%) are recommending RMNI as a Hold, 0 (0%) are recommending RMNI as a Sell, and 0 (0%) are recommending RMNI as a Strong Sell.
What is RMNI's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: RMNI) forecast ROE is -51.68%, which is considered weak.
What is RMNI's Price Target?
According to 1 Wall Street analyst that have issued a 1 year RMNI price target, the average RMNI price target is $3.00, with the highest RMNI stock price forecast at $3.00 and the lowest RMNI stock price forecast at $3.00.
The Wall Street analyst predicted that Rimini Street's share price could reach $3.00 by Jul 27, 2024. The average Rimini Street stock price prediction forecasts a potential upside of 41.51% from the current RMNI share price of $2.12.
What is RMNI's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: RMNI) forecast ROA is 8.65%, which is higher than the forecast US Software - Application industry average of 2.32%.
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