Is Idacorp Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: IDA) stock is to Hold IDA stock.
Out of 2 analysts, 0 (0%) are recommending IDA as a Strong Buy, 0 (0%) are recommending IDA as a Buy, 2 (100%) are recommending IDA as a Hold, 0 (0%) are recommending IDA as a Sell, and 0 (0%) are recommending IDA as a Strong Sell.
What is IDA's forecast return on equity (ROE) for 2023-2023?
(NYSE: IDA) forecast ROE is 9.19%, which is considered weak.
What is IDA's Price Target?
According to 2 Wall Street analysts that have issued a 1 year IDA price target, the average IDA price target is $102.50, with the highest IDA stock price forecast at $108.00 and the lowest IDA stock price forecast at $97.00.
On average, Wall Street analysts predict that Idacorp's share price could reach $102.50 by Sep 22, 2024. The average Idacorp stock price prediction forecasts a potential upside of 5.77% from the current IDA share price of $96.91.
What is IDA's forecast return on assets (ROA) for 2023-2023?
(NYSE: IDA) forecast ROA is 3.34%, which is higher than the forecast US Utilities - Regulated Electric industry average of 3.11%.
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