ALE - Allete - Stock Forecast

Utilities - Sector
Coverage Performance Price Targets & Ratings Chart Insider Trading

ALE is currently covered by 6 analysts with an average price target of $65.29. This is a potential upside of $5.33 (8.89%) from yesterday's end of day stock price of $59.96.

Allete's activity chart (see below) currently has 34 price targets and 38 ratings on display. The stock rating distribution of ALE is 90.48% HOLD, 4.76% BUY and 4.76% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 57.41% with an average time for these price targets to be met of 241.43 days.

Highest price target for ALE is $59, Lowest price target is $57, average price target is $65.29.

Most recent stock forecast was given by SARAH AKERS from WELLS FARGO on 21-Feb-2024. First documented stock forecast 17-Mar-2014.

Currently out of the existing stock ratings of ALE, 19 are a HOLD (90.48%), 1 are a BUY (4.76%), 1 are a SELL (4.76%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Hold

59

$-0.96 (-1.60%)

57

2 months 4 days ago

4/5 (80%)

$1.85 (3.24%)

150

Hold

58

$-1.96 (-3.27%)

49

3 months 3 days ago

4/8 (50%)

$-0.61 (-1.04%)

111

Hold

57

$-2.96 (-4.94%)

54

4 months 5 days ago

11/14 (78.57%)

$-2.82 (-4.71%)

101

Hold

58

$-1.96 (-3.27%)

64

9 months 4 days ago

1/3 (33.33%)

$1.71 (3.04%)

137

Hold

66

$6.04 (10.07%)

65

1 years ago

0/2 (0%)

$5.53 (9.15%)

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

On average it took 241.43 days on average for the stock forecasts to be realized with a an average price target met ratio 57.41

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)?

Richard Sunderland with highest potential upside - $6.04

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

Paul Fremont with lowest potential downside - -$2.96

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