Is Dana Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NYSE: DAN) stock is to Hold DAN stock.
Out of 4 analysts, 0 (0%) are recommending DAN as a Strong Buy, 0 (0%) are recommending DAN as a Buy, 4 (100%) are recommending DAN as a Hold, 0 (0%) are recommending DAN as a Sell, and 0 (0%) are recommending DAN as a Strong Sell.
What is DAN's forecast return on equity (ROE) for 2023-2024?
(NYSE: DAN) forecast ROE is 22.15%, which is considered strong.
What is DAN's Price Target?
According to 4 Wall Street analysts that have issued a 1 year DAN price target, the average DAN price target is $16.00, with the highest DAN stock price forecast at $17.00 and the lowest DAN stock price forecast at $15.00.
On average, Wall Street analysts predict that Dana's share price could reach $16.00 by May 1, 2024. The average Dana stock price prediction forecasts a potential upside of 20.12% from the current DAN share price of $13.32.
What is DAN's forecast return on assets (ROA) for 2023-2024?
(NYSE: DAN) forecast ROA is 4.5%, which is lower than the forecast US Auto Parts industry average of 7.86%.
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