Is Third Coast Bancshares Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: TCBX) stock is to Strong Buy TCBX stock.
Out of 2 analysts, 1 (50%) are recommending TCBX as a Strong Buy, 1 (50%) are recommending TCBX as a Buy, 0 (0%) are recommending TCBX as a Hold, 0 (0%) are recommending TCBX as a Sell, and 0 (0%) are recommending TCBX as a Strong Sell.
What is TCBX's forecast return on equity (ROE) for 2023-2024?
(NASDAQ: TCBX) forecast ROE is 8.14%, which is considered weak.
What is TCBX's Price Target?
According to 2 Wall Street analysts that have issued a 1 year TCBX price target, the average TCBX price target is $23.50, with the highest TCBX stock price forecast at $24.00 and the lowest TCBX stock price forecast at $23.00.
On average, Wall Street analysts predict that Third Coast Bancshares's share price could reach $23.50 by Jul 28, 2024. The average Third Coast Bancshares stock price prediction forecasts a potential upside of 30.27% from the current TCBX share price of $18.04.
What is TCBX's forecast return on assets (ROA) for 2023-2024?
(NASDAQ: TCBX) forecast ROA is 0.81%, which is lower than the forecast US Banks - Regional industry average of 22.93%.
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