Allete, Inc. (ALE) Social Stream



Allete, Inc. (ALE): $64.21

0.05 (-0.08%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

Add ALE to Watchlist
Sign Up

Industry: Utilities - Domestic

Industry

F

Ranked

#22 of 63

in industry

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.

Make investment decisions regarding ALE using the data that counts. Try POWR Ratings for free.


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!