Allete, Inc. (ALE) Social Stream
ALLETE INC (ALE) Price Targets From Analysts
Use the tables below to see what analysts covering ALLETE INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-09-02 | 4 | $84 | $66 | $73.25 | $62.32 | 17.54% |
| 2021-12-09 | 4 | $84 | $65 | $72.25 | $62.32 | 15.93% |
| 2022-03-21 | 3 | $84 | $66 | $74.666 | $62.32 | 19.81% |
| 2022-05-25 | 2 | $64 | $63 | $63.5 | $62.32 | 1.89% |
| 2022-08-13 | 2 | $64 | $60 | $62 | $62.32 | -0.51% |
| 2022-08-23 | 2 | $65 | $60 | $62.5 | $62.32 | 0.29% |
| 2022-09-17 | 3 | $65 | $58 | $62 | $62.32 | -0.51% |
| 2022-10-03 | 3 | $65 | $50 | $59.333 | $62.32 | -4.79% |
| 2022-10-20 | 4 | $65 | $50 | $56 | $62.32 | -10.14% |
| 2022-11-14 | 4 | $66 | $50 | $59.25 | $62.32 | -4.93% |
| 2022-11-17 | 4 | $66 | $50 | $59.25 | $62.32 | -4.93% |
| 2022-12-09 | 4 | $66 | $56 | $63 | $62.32 | 1.09% |
| 2023-01-08 | 4 | $67 | $65 | $65.75 | $62.32 | 5.5% |
| 2023-01-23 | 4 | $69 | $65 | $66.5 | $62.32 | 6.71% |
| 2023-01-25 | 5 | $69 | $54 | $63.8 | $62.32 | 2.37% |
| 2023-01-30 | 5 | $69 | $54 | $63.4 | $62.32 | 1.73% |
| 2023-02-10 | 5 | $69 | $54 | $62.8 | $62.32 | 0.77% |
| 2023-03-10 | 5 | $65 | $54 | $62 | $62.32 | -0.51% |
| 2023-04-05 | 5 | $65 | $54 | $62.6 | $62.32 | 0.45% |
| 2023-04-06 | 5 | $74 | $54 | $64.5 | $62.32 | 3.5% |
| 2023-04-26 | 5 | $74 | $54 | $64.833 | $62.32 | 4.03% |
| 2023-05-05 | 5 | $74 | $54 | $64.333 | $62.32 | 3.23% |
| 2023-06-15 | 5 | $74 | $54 | $64.333 | $62.32 | 3.23% |
| 2023-06-21 | 5 | $74 | $54 | $63.666 | $62.32 | 2.16% |
| 2023-06-27 | 5 | $74 | $54 | $62.166 | $62.32 | -0.25% |
| 2023-07-07 | 5 | $74 | $49 | $61.333 | $62.32 | -1.58% |
| 2023-07-20 | 5 | $74 | $49 | $61.166 | $62.32 | -1.85% |
| 2023-07-24 | 5 | $74 | $49 | $60.166 | $62.32 | -3.46% |
| 2023-09-05 | 5 | $74 | $49 | $59.5 | $62.32 | -4.53% |
| 2023-10-09 | 5 | $74 | $41 | $57.666 | $62.32 | -7.47% |
| 2023-11-09 | 5 | $74 | $41 | $56.833 | $62.32 | -8.8% |
| 2023-12-05 | 5 | $74 | $41 | $57 | $62.32 | -8.54% |
| 2023-12-20 | 5 | $74 | $41 | $57.5 | $62.32 | -7.73% |
The Trend in the Analyst Price Target
ALE's average price target has moved down $6.3 over the prior 47 weeks.
ALE reports an average of 3.29% for its upside potential over the past 47 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-04-20 | 5 | 74 | 54 | 64.666 | 64.49 | 0.27% |
| 2023-06-06 | 5 | 74 | 54 | 64.333 | 61.02 | 5.43% |
| 2023-07-07 | 5 | 74 | 49 | 61.333 | 56.59 | 8.38% |
| 2023-07-24 | 5 | 74 | 49 | 60.166 | 58.53 | 2.8% |
| 2023-11-09 | 5 | 74 | 41 | 56.833 | 54.01 | 5.23% |
ALE Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3.6 | 0 | 0 | 3 | 1 | 1 | 5 |
The Trend in the Broker Recommendations
Over the past 16 months, ALE's average broker recommendation rating improved by 0.4.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- ALLETE INC's number of analysts covering the stock is greater than 566.32% of all US stocks.
- To contextualize these metrics, consider that out of Utilities stocks, ALLETE INC's upside potential (average analyst target price relative to current price) is greater than 812.13% of them.
- In the context of stocks in the mid market cap category, ALLETE INC's variance in analysts' estimates is lower than -959.73% of them.
- To contextualize these metrics, consider that out of stocks in the mid market cap category, ALLETE INC's average analyst price target is higher than 2823.88% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Utilities industry with the ratings most similar to ALLETE INC are MGEE, CLNE, and ETRN.
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