Is National Steel Co Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NYSE: SID) stock is to Sell SID stock.
Out of 1 analyst, 0 (0%) are recommending SID as a Strong Buy, 0 (0%) are recommending SID as a Buy, 0 (0%) are recommending SID as a Hold, 1 (100%) are recommending SID as a Sell, and 0 (0%) are recommending SID as a Strong Sell.
What is SID's forecast return on equity (ROE) for 2023-2024?
(NYSE: SID) forecast ROE is 36.6%, which is considered strong.
What is SID's Price Target?
According to 1 Wall Street analyst that have issued a 1 year SID price target, the average SID price target is $2.30, with the highest SID stock price forecast at $2.30 and the lowest SID stock price forecast at $2.30.
The Wall Street analyst predicted that National Steel Co's share price could fall to $2.30 by Jul 10, 2024. The average National Steel Co stock price prediction forecasts a potential downside of 4.56% from the current SID share price of $2.41.
What is SID's forecast return on assets (ROA) for 2023-2024?
(NYSE: SID) forecast ROA is 8.36%, which is higher than the forecast US Steel industry average of 7.93%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.