Is Shore Bancshares Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: SHBI) stock is to Buy SHBI stock.
Out of 2 analysts, 1 (50%) are recommending SHBI as a Strong Buy, 0 (0%) are recommending SHBI as a Buy, 1 (50%) are recommending SHBI as a Hold, 0 (0%) are recommending SHBI as a Sell, and 0 (0%) are recommending SHBI as a Strong Sell.
What is SHBI's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: SHBI) forecast ROE is 17.51%, which is considered weak.
What is SHBI's Price Target?
According to 2 Wall Street analysts that have issued a 1 year SHBI price target, the average SHBI price target is $15.00, with the highest SHBI stock price forecast at $16.00 and the lowest SHBI stock price forecast at $14.00.
On average, Wall Street analysts predict that Shore Bancshares's share price could reach $15.00 by Jul 11, 2024. The average Shore Bancshares stock price prediction forecasts a potential upside of 43.82% from the current SHBI share price of $10.43.
What is SHBI's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: SHBI) forecast ROA is 1.75%, which is lower than the forecast US Banks - Regional industry average of 21.14%.
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