Is Old Republic International Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: ORI) stock is to Buy ORI stock.
Out of 2 analysts, 0 (0%) are recommending ORI as a Strong Buy, 1 (50%) are recommending ORI as a Buy, 1 (50%) are recommending ORI as a Hold, 0 (0%) are recommending ORI as a Sell, and 0 (0%) are recommending ORI as a Strong Sell.
What is ORI's forecast return on equity (ROE) for 2023-2024?
(NYSE: ORI) forecast ROE is 11.33%, which is considered weak.
What is ORI's Price Target?
According to 2 Wall Street analysts that have issued a 1 year ORI price target, the average ORI price target is $28.00, with the highest ORI stock price forecast at $29.00 and the lowest ORI stock price forecast at $27.00.
On average, Wall Street analysts predict that Old Republic International's share price could reach $28.00 by May 17, 2024. The average Old Republic International stock price prediction forecasts a potential upside of 13.04% from the current ORI share price of $24.77.
What is ORI's forecast return on assets (ROA) for 2023-2024?
(NYSE: ORI) forecast ROA is 2.82%, which is higher than the forecast US Insurance - Diversified industry average of 1.87%.
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