Is Spartannash Co Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: SPTN) stock is to Hold SPTN stock.
Out of 1 analyst, 0 (0%) are recommending SPTN as a Strong Buy, 0 (0%) are recommending SPTN as a Buy, 1 (100%) are recommending SPTN as a Hold, 0 (0%) are recommending SPTN as a Sell, and 0 (0%) are recommending SPTN as a Strong Sell.
What is SPTN's forecast return on equity (ROE) for 2023-2024?
(NASDAQ: SPTN) forecast ROE is 13.45%, which is considered weak.
What is SPTN's Price Target?
According to 1 Wall Street analyst that have issued a 1 year SPTN price target, the average SPTN price target is $30.00, with the highest SPTN stock price forecast at $30.00 and the lowest SPTN stock price forecast at $30.00.
The Wall Street analyst predicted that Spartannash Co's share price could reach $30.00 by Feb 27, 2024. The average Spartannash Co stock price prediction forecasts a potential upside of 33.63% from the current SPTN share price of $22.45.
What is SPTN's forecast return on assets (ROA) for 2023-2024?
(NASDAQ: SPTN) forecast ROA is 4.45%, which is lower than the forecast US Food Distribution industry average of 8.52%.
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