Allete (ALE)
(Delayed Data from NYSE)
$57.87 USD
+0.47 (0.82%)
Updated Apr 17, 2024 04:00 PM ET
After-Market: $57.89 +0.02 (0.03%) 7:58 PM ET
5-Strong Sell of 5 5
C Value C Growth B Momentum C VGM
Allete (ALE) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$61.50 | $74.00 | $57.00 | 7.14% |
Price Target
Based on short-term price targets offered by six analysts, the average price target for Allete comes to $61.50. The forecasts range from a low of $57.00 to a high of $74.00. The average price target represents an increase of 7.14% from the last closing price of $57.40.
Analyst Price Targets (6 )
Broker Rating
Allete currently has an average brokerage recommendation (ABR) of 3.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by five brokerage firms. The current ABR compares to an ABR of 3.17 a month ago based on six recommendations.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 5 | 5 | 5 | 5 | 5 |
Sell | 0 | 0 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 3.00 | 3.00 | 3.17 | 3.17 | 3.17 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
1/22/2024 | Guggenheim Securities | Shahriar Pourreza | Strong Sell | Hold |
7/21/2023 | Mizuho SecuritiesUSA | Anthony C Crowdell | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 3.00 |
ABR (Last week) | 3.00 |
# of Recs in ABR | 5 |
Average Target Price | $61.50 |
LT Growth Rate | NA |
Industry | Utility - Electric Power |
Industry Rank by ABR | 149 of 252 |
Current Quarter EPS Est: | 1.09 |