Is Urban Gro Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: UGRO) stock is to Strong Buy UGRO stock.
Out of 2 analysts, 2 (100%) are recommending UGRO as a Strong Buy, 0 (0%) are recommending UGRO as a Buy, 0 (0%) are recommending UGRO as a Hold, 0 (0%) are recommending UGRO as a Sell, and 0 (0%) are recommending UGRO as a Strong Sell.
What is UGRO's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: UGRO) forecast ROE is -0.36%, which is considered weak.
What is UGRO's Price Target?
According to 2 Wall Street analysts that have issued a 1 year UGRO price target, the average UGRO price target is $7.50, with the highest UGRO stock price forecast at $8.00 and the lowest UGRO stock price forecast at $7.00.
On average, Wall Street analysts predict that Urban Gro's share price could reach $7.50 by Mar 31, 2024. The average Urban Gro stock price prediction forecasts a potential upside of 481.4% from the current UGRO share price of $1.29.
What is UGRO's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: UGRO) forecast ROA is -0.17%, which is lower than the forecast US Farm & Heavy Construction Machinery industry average of 9.14%.
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