Is Retail Opportunity Investments Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: ROIC) stock is to Buy ROIC stock.
Out of 2 analysts, 0 (0%) are recommending ROIC as a Strong Buy, 1 (50%) are recommending ROIC as a Buy, 1 (50%) are recommending ROIC as a Hold, 0 (0%) are recommending ROIC as a Sell, and 0 (0%) are recommending ROIC as a Strong Sell.
What is ROIC's forecast return on equity (ROE) for 2023-2025?
(NASDAQ: ROIC) forecast ROE is 11.51%, which is considered weak.
What is ROIC's Price Target?
According to 2 Wall Street analysts that have issued a 1 year ROIC price target, the average ROIC price target is $15.50, with the highest ROIC stock price forecast at $16.00 and the lowest ROIC stock price forecast at $15.00.
On average, Wall Street analysts predict that Retail Opportunity Investments's share price could reach $15.50 by Sep 20, 2024. The average Retail Opportunity Investments stock price prediction forecasts a potential upside of 29.17% from the current ROIC share price of $12.00.
What is ROIC's forecast return on assets (ROA) for 2023-2025?
(NASDAQ: ROIC) forecast ROA is 4.99%, which is lower than the forecast US REIT - Retail industry average of 7.73%.
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