Is Ryder System Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NYSE: R) stock is to Hold R stock.
Out of 4 analysts, 0 (0%) are recommending R as a Strong Buy, 1 (25%) are recommending R as a Buy, 3 (75%) are recommending R as a Hold, 0 (0%) are recommending R as a Sell, and 0 (0%) are recommending R as a Strong Sell.
What is R's forecast return on equity (ROE) for 2023-2023?
(NYSE: R) forecast ROE is 16.41%, which is considered weak.
What is R's Price Target?
According to 4 Wall Street analysts that have issued a 1 year R price target, the average R price target is $104.00, with the highest R stock price forecast at $118.00 and the lowest R stock price forecast at $80.00.
On average, Wall Street analysts predict that Ryder System's share price could reach $104.00 by Jul 31, 2024. The average Ryder System stock price prediction forecasts a potential upside of 0.21% from the current R share price of $103.78.
What is R's forecast return on assets (ROA) for 2023-2023?
(NYSE: R) forecast ROA is 3.39%, which is lower than the forecast US Rental & Leasing Services industry average of 5.6%.
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