Retail Opportunity Investments (ROIC) Stock Forecast & Price Target

$15.57

+0.05 (+0.32%)

(As of 10/4/2024 ET)

Retail Opportunity Investments - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 4 Analyst Ratings

Sell
1

Hold
1

Buy
2

Based on 4 Wall Street analysts who have issued ratings for Retail Opportunity Investments in the last 12 months, the stock has a consensus rating of "Hold." Out of the 4 analysts, 1 has given a sell rating, 1 has given a hold rating, and 2 have given a buy rating for ROIC.

Consensus Price Target

$15.00
-3.66% Downside

According to the 4 analysts' twelve-month price targets for Retail Opportunity Investments, the average price target is $15.00. The highest price target for ROIC is $16.00, while the lowest price target for ROIC is $12.00. The average price target represents a forecasted downside of -3.66% from the current price of $15.57.

Get the Latest News and Ratings for ROIC and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Retail Opportunity Investments and its competitors.

ROIC Analyst Ratings Over Time

Type	Current Forecast 10/7/23 to 10/6/24	1 Month Ago 9/7/23 to 9/6/24	3 Months Ago 7/9/23 to 7/8/24	1 Year Ago 10/7/22 to 10/7/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$15.00	$15.00	$14.38	$15.50
Forecasted Upside	-3.66% Downside	-0.73% Downside	15.65% Upside	33.97% Upside
Consensus Rating	Hold	Hold	Hold	Hold

Next opportunity for crypto millions (Ad)

As October unfolds and the effects of the Fed Pivot ripple through the market, this crypto could skyrocket. Want to know more?

Click here to discover the altcoin set to dominate October's bull run.

ROIC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ROIC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Retail Opportunity Investments Stock vs. The Competition

Type	Retail Opportunity Investments	Finance Companies	S&P 500
Consensus Rating Score	2.25	2.47	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	-3.66% Downside	14.88% Upside	7.03% Upside
News Sentiment Rating	Positive News See Recent ROIC News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
8/28/2024	Wells Fargo & Company 3 of 5 stars	Boost Target	Equal Weight ➝ Equal Weight	$13.50 ➝ $16.00	+1.65%
8/16/2024	Raymond James 4 of 5 stars	Boost Target	Outperform ➝ Outperform	$15.00 ➝ $16.00	+4.37%
4/5/2024	Bank of America 4 of 5 stars	Reiterated Rating	Neutral ➝ Underperform	$14.50 ➝ $12.00	-2.83%
1/5/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Weight ➝ Overweight	$16.00	+16.36%
1/11/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 02:29 AM ET.

ROIC Forecast - Frequently Asked Questions

: According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Retail Opportunity Investments is $15.00, with a high forecast of $16.00 and a low forecast of $12.00.
: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last twelve months. There is currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ROIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ROIC, but not buy additional shares or sell existing shares.
: According to analysts, Retail Opportunity Investments's stock has a predicted downside of -3.66% based on their 12-month stock forecasts.
: Retail Opportunity Investments has been rated by research analysts at Raymond James, and Wells Fargo & Company in the past 90 days.
: Analysts like Retail Opportunity Investments less than other "finance" companies. The consensus rating score for Retail Opportunity Investments is 2.25 while the average consensus rating score for "finance" companies is 2.47. Learn more on how ROIC compares to other companies.