Is Stoneridge Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NYSE: SRI) stock is to Strong Buy SRI stock.
Out of 1 analyst, 1 (100%) are recommending SRI as a Strong Buy, 0 (0%) are recommending SRI as a Buy, 0 (0%) are recommending SRI as a Hold, 0 (0%) are recommending SRI as a Sell, and 0 (0%) are recommending SRI as a Strong Sell.
What is SRI's forecast return on equity (ROE) for 2023-2023?
(NYSE: SRI) forecast ROE is 7.43%, which is considered weak.
What is SRI's Price Target?
According to 1 Wall Street analyst that have issued a 1 year SRI price target, the average SRI price target is $23.00, with the highest SRI stock price forecast at $23.00 and the lowest SRI stock price forecast at $23.00.
The Wall Street analyst predicted that Stoneridge's share price could reach $23.00 by May 26, 2024. The average Stoneridge stock price prediction forecasts a potential upside of 15.81% from the current SRI share price of $19.86.
What is SRI's forecast return on assets (ROA) for 2023-2023?
(NYSE: SRI) forecast ROA is 3.01%, which is lower than the forecast US Auto Parts industry average of 5.95%.
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