Is Live Oak Bancshares Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NYSE: LOB) stock is to Buy LOB stock.
Out of 3 analysts, 1 (33.33%) are recommending LOB as a Strong Buy, 0 (0%) are recommending LOB as a Buy, 2 (66.67%) are recommending LOB as a Hold, 0 (0%) are recommending LOB as a Sell, and 0 (0%) are recommending LOB as a Strong Sell.
What is LOB's forecast return on equity (ROE) for 2023-2024?
(NYSE: LOB) forecast ROE is 15.93%, which is considered weak.
What is LOB's Price Target?
According to 3 Wall Street analysts that have issued a 1 year LOB price target, the average LOB price target is $34.67, with the highest LOB stock price forecast at $40.00 and the lowest LOB stock price forecast at $28.00.
On average, Wall Street analysts predict that Live Oak Bancshares's share price could reach $34.67 by Jul 27, 2024. The average Live Oak Bancshares stock price prediction forecasts a potential upside of 17.63% from the current LOB share price of $29.47.
What is LOB's forecast return on assets (ROA) for 2023-2024?
(NYSE: LOB) forecast ROA is 1.23%, which is lower than the forecast US Banks - Regional industry average of 23.03%.
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