Is Metropolitan Bank Holding Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NYSE: MCB) stock is to Strong Buy MCB stock.
Out of 3 analysts, 2 (66.67%) are recommending MCB as a Strong Buy, 1 (33.33%) are recommending MCB as a Buy, 0 (0%) are recommending MCB as a Hold, 0 (0%) are recommending MCB as a Sell, and 0 (0%) are recommending MCB as a Strong Sell.
What is MCB's forecast return on equity (ROE) for 2023-2024?
(NYSE: MCB) forecast ROE is 20.62%, which is considered strong.
What is MCB's Price Target?
According to 3 Wall Street analysts that have issued a 1 year MCB price target, the average MCB price target is $66.33, with the highest MCB stock price forecast at $69.00 and the lowest MCB stock price forecast at $63.00.
On average, Wall Street analysts predict that Metropolitan Bank Holding's share price could reach $66.33 by Apr 6, 2024. The average Metropolitan Bank Holding stock price prediction forecasts a potential upside of 124.78% from the current MCB share price of $29.51.
What is MCB's forecast return on assets (ROA) for 2023-2024?
(NYSE: MCB) forecast ROA is 1.99%, which is lower than the forecast US Banks - Regional industry average of 14.3%.
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