Is Sol Gel Technologies Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: SLGL) stock is to Strong Buy SLGL stock.
Out of 2 analysts, 1 (50%) are recommending SLGL as a Strong Buy, 1 (50%) are recommending SLGL as a Buy, 0 (0%) are recommending SLGL as a Hold, 0 (0%) are recommending SLGL as a Sell, and 0 (0%) are recommending SLGL as a Strong Sell.
What is SLGL's forecast return on equity (ROE) for 2023-2026?
(NASDAQ: SLGL) forecast ROE is N/A, which is considered weak.
What is SLGL's Price Target?
According to 2 Wall Street analysts that have issued a 1 year SLGL price target, the average SLGL price target is $14.50, with the highest SLGL stock price forecast at $19.00 and the lowest SLGL stock price forecast at $10.00.
On average, Wall Street analysts predict that Sol Gel Technologies's share price could reach $14.50 by Jun 5, 2024. The average Sol Gel Technologies stock price prediction forecasts a potential upside of 332.84% from the current SLGL share price of $3.35.
What is SLGL's forecast return on assets (ROA) for 2023-2026?
(NASDAQ: SLGL) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 0.09%.
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