Is Designer Brands Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: DBI) stock is to Hold DBI stock.
Out of 2 analysts, 0 (0%) are recommending DBI as a Strong Buy, 0 (0%) are recommending DBI as a Buy, 2 (100%) are recommending DBI as a Hold, 0 (0%) are recommending DBI as a Sell, and 0 (0%) are recommending DBI as a Strong Sell.
What is DBI's forecast return on equity (ROE) for 2024-2024?
(NYSE: DBI) forecast ROE is 27.18%, which is considered strong.
What is DBI's Price Target?
According to 2 Wall Street analysts that have issued a 1 year DBI price target, the average DBI price target is $13.50, with the highest DBI stock price forecast at $14.00 and the lowest DBI stock price forecast at $13.00.
On average, Wall Street analysts predict that Designer Brands's share price could reach $13.50 by Sep 8, 2024. The average Designer Brands stock price prediction forecasts a potential upside of 6.72% from the current DBI share price of $12.65.
What is DBI's forecast return on assets (ROA) for 2024-2024?
(NYSE: DBI) forecast ROA is 5.82%, which is lower than the forecast US Footwear & Accessories industry average of 15.75%.
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