Is Cadre Holdings Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: CDRE) stock is to Buy CDRE stock.
Out of 2 analysts, 1 (50%) are recommending CDRE as a Strong Buy, 0 (0%) are recommending CDRE as a Buy, 1 (50%) are recommending CDRE as a Hold, 0 (0%) are recommending CDRE as a Sell, and 0 (0%) are recommending CDRE as a Strong Sell.
What is CDRE's forecast return on equity (ROE) for 2023-2023?
(NYSE: CDRE) forecast ROE is 22.62%, which is considered strong.
What is CDRE's Price Target?
According to 2 Wall Street analysts that have issued a 1 year CDRE price target, the average CDRE price target is $27.00, with the highest CDRE stock price forecast at $29.00 and the lowest CDRE stock price forecast at $25.00.
On average, Wall Street analysts predict that Cadre Holdings's share price could reach $27.00 by Mar 30, 2024. The average Cadre Holdings stock price prediction forecasts a potential upside of 27.54% from the current CDRE share price of $21.17.
What is CDRE's forecast return on assets (ROA) for 2023-2023?
(NYSE: CDRE) forecast ROA is 9.86%, which is higher than the forecast US Aerospace & Defense industry average of 5.68%.
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