Allete (ALE)
(Delayed Data from NYSE)
$63.85 USD
-0.02 (-0.03%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $63.80 -0.05 (-0.08%) 6:00 PM ET
NA Value
NA Growth NA Momentum NA VGMAllete (ALE) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$62.00 | $67.00 | $58.00 | -2.93% |
Price Target
Based on short-term price targets offered by four analysts, the average price target for Allete comes to $62.00. The forecasts range from a low of $58.00 to a high of $67.00. The average price target represents a decline of 2.93% from the last closing price of $63.87.
Analyst Price Targets (4 )
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 four brokerage firms. The current ABR compares to an ABR of 3.00 a month ago based on four 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 | 4 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
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 |
---|---|---|---|---|
4/30/2024 | Mizuho SecuritiesUSA | Anthony C Crowdell | Hold | Hold |
2/21/2024 | Wells Fargo Securities | Sarah E Akers | Hold | Hold |
1/22/2024 | Guggenheim Securities | Shahriar Pourreza | Strong Sell | Hold |
1/10/2024 | Not Identified | Not Identified | Not Available | 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 | 4 |
Average Target Price | $62.00 |
LT Growth Rate | NA |
Industry | Utility - Electric Power |
Industry Rank by ABR | 35 of 253 |
Current Quarter EPS Est: | NA |
ALE FAQs
Allete, Inc. (ALE) 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 4 brokerage firms.
The average price target for Allete, Inc. (ALE) is $62.00. The current on short-term price targets is based on 0 reports.
The forecasts for Allete, Inc. (ALE) range from a low of $58 to a high of $67. The average price target represents a decline of $2.93 from the last closing price of $63.87.
The current DOWNSIDE for Allete, Inc. (ALE) is 2.93%
Based on short-term price targets offered by four analysts, the average price target for Allete comes to $62.00. The forecasts range from a low of $58.00 to a high of $67.00. The average price target represents a decline of 2.93% from the last closing price of $63.87.