ALE - Allete - Stock Forecast

Utilities - Sector
Coverage Stock analysts Price Targets & Ratings Chart Insider Trading

ALE is currently covered by 7 analysts with an average price target of $72.38. This is a potential upside of $6.96 (10.64%) from yesterday's end of day stock price of $65.42.

Allete's activity chart (see below) currently has 52 price targets and 46 ratings on display. The stock rating distribution of ALE is 13.33% BUY, 73.33% HOLD and 13.33% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 75.27% with an average time for these price targets to be met of 425.43 days.

Highest price target for ALE is $67, Lowest price target is $59, average price target is $72.38.

Most recent stock forecast was given by ANTHONY CROWDELL from MIZUHO on 16-May-2024. First documented stock forecast 17-Mar-2014.

Currently out of the existing stock ratings of ALE, 2 are a BUY (13.33%), 11 are a HOLD (73.33%), 2 are a SELL (13.33%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Hold

$67

$1.58 (2.42%)

$58

8 months 30 days ago
(16-May-2024)

3/4 (75%)

$5.38 (8.73%)

502

Hold

$59

$-6.42 (-9.81%)

$57

11 months 25 days ago
(21-Feb-2024)

4/5 (80%)

$3.72 (6.73%)

199

Hold

$58

$-7.42 (-11.34%)

$49

1 years 24 days ago
(22-Jan-2024)

5/6 (83.33%)

$1.31 (2.31%)

127

Hold

$57

$-8.42 (-12.87%)

$54

1 years 1 months 26 days ago
(20-Dec-2023)

11/14 (78.57%)

$-0.87 (-1.50%)

220

Hold

$66

$0.58 (0.89%)

$65

1 years 9 months 21 days ago
(25-Apr-2023)

1/2 (50%)

$7.5 (12.82%)

739

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What is ALE (Allete) average time for price targets to be met?

On average it took 425.43 days on average for the stock forecasts to be realized with a an average price target met ratio 75.27

Which analyst has the current highest performing score on ALE (Allete) with a proven track record?

JAMES DOBSON

Which analyst has the current lower performing score on ALE (Allete) with a proven track record?

RICHARD SUNDERLAND

Which analyst has the most public recommendations on ALE (Allete)?

James Dobson works at UBS and has 3 price targets and 2 ratings on ALE

Which analyst is the currently most bullish on ALE (Allete)?

James Dobson with highest potential upside - $2.2

Which analyst is the currently most reserved on ALE (Allete)?

Paul Fremont with lowest potential downside - -$8.42

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