Is California Water Service Group Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: CWT) stock is to Sell CWT stock.
Out of 2 analysts, 0 (0%) are recommending CWT as a Strong Buy, 0 (0%) are recommending CWT as a Buy, 1 (50%) are recommending CWT as a Hold, 0 (0%) are recommending CWT as a Sell, and 1 (50%) are recommending CWT as a Strong Sell.
What is CWT's forecast return on equity (ROE) for 2023-2025?
(NYSE: CWT) forecast ROE is 8.85%, which is considered weak.
What is CWT's Price Target?
According to 2 Wall Street analysts that have issued a 1 year CWT price target, the average CWT price target is $53.50, with the highest CWT stock price forecast at $56.00 and the lowest CWT stock price forecast at $51.00.
On average, Wall Street analysts predict that California Water Service Group's share price could reach $53.50 by Jun 28, 2024. The average California Water Service Group stock price prediction forecasts a potential upside of 15.6% from the current CWT share price of $46.28.
What is CWT's forecast return on assets (ROA) for 2023-2025?
(NYSE: CWT) forecast ROA is 3.08%, which is lower than the forecast US Utilities - Regulated Water industry average of 3.7%.
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