Is Aerojet Rocketdyne Holdings Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: AJRD) stock is to Hold AJRD stock.
Out of 2 analysts, 0 (0%) are recommending AJRD as a Strong Buy, 0 (0%) are recommending AJRD as a Buy, 2 (100%) are recommending AJRD as a Hold, 0 (0%) are recommending AJRD as a Sell, and 0 (0%) are recommending AJRD as a Strong Sell.
What is AJRD's forecast return on equity (ROE) for 2023-2024?
(NYSE: AJRD) forecast ROE is 33.15%, which is considered strong.
What is AJRD's Price Target?
According to 2 Wall Street analysts that have issued a 1 year AJRD price target, the average AJRD price target is $58.00, with the highest AJRD stock price forecast at $58.00 and the lowest AJRD stock price forecast at $58.00.
On average, Wall Street analysts predict that Aerojet Rocketdyne Holdings's share price could reach $58.00 by Dec 20, 2023. The average Aerojet Rocketdyne Holdings stock price prediction forecasts a potential upside of 6.46% from the current AJRD share price of $54.48.
What is AJRD's forecast return on assets (ROA) for 2023-2024?
(NYSE: AJRD) forecast ROA is 8.07%, which is higher than the forecast US Aerospace & Defense industry average of 6.81%.
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