Is Hawaiian Electric Industries Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: HE) stock is to Sell HE stock.
Out of 2 analysts, 0 (0%) are recommending HE as a Strong Buy, 0 (0%) are recommending HE as a Buy, 1 (50%) are recommending HE as a Hold, 1 (50%) are recommending HE as a Sell, and 0 (0%) are recommending HE as a Strong Sell.
What is HE's forecast return on equity (ROE) for 2023-2023?
(NYSE: HE) forecast ROE is 10.96%, which is considered weak.
What is HE's Price Target?
According to 2 Wall Street analysts that have issued a 1 year HE price target, the average HE price target is $8.25, with the highest HE stock price forecast at $8.50 and the lowest HE stock price forecast at $8.00.
On average, Wall Street analysts predict that Hawaiian Electric Industries's share price could fall to $8.25 by Aug 25, 2024. The average Hawaiian Electric Industries stock price prediction forecasts a potential downside of 30.96% from the current HE share price of $11.95.
What is HE's forecast return on assets (ROA) for 2023-2023?
(NYSE: HE) forecast ROA is 1.49%, which is lower than the forecast US Utilities - Regulated Electric industry average of 3.1%.
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