Is Teledyne Technologies Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NYSE: TDY) stock is to Buy TDY stock.
Out of 4 analysts, 1 (25%) are recommending TDY as a Strong Buy, 2 (50%) are recommending TDY as a Buy, 1 (25%) are recommending TDY as a Hold, 0 (0%) are recommending TDY as a Sell, and 0 (0%) are recommending TDY as a Strong Sell.
What is TDY's forecast return on equity (ROE) for 2023-2024?
(NYSE: TDY) forecast ROE is 11.34%, which is considered weak.
What is TDY's Price Target?
According to 4 Wall Street analysts that have issued a 1 year TDY price target, the average TDY price target is $505.50, with the highest TDY stock price forecast at $565.00 and the lowest TDY stock price forecast at $470.00.
On average, Wall Street analysts predict that Teledyne Technologies's share price could reach $505.50 by May 25, 2024. The average Teledyne Technologies stock price prediction forecasts a potential upside of 28.96% from the current TDY share price of $391.99.
What is TDY's forecast return on assets (ROA) for 2023-2024?
(NYSE: TDY) forecast ROA is 6.58%, which is lower than the forecast US Scientific & Technical Instruments industry average of 10.79%.
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