Allete, Inc. (ALE) Social Stream



Allete, Inc. (ALE): $60.11

-2.88 (-4.57%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Allete Inc (ALE) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering ALE.

Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
4 $84 $66 $73.25 $62.69 16.84%

The Trend in the Analyst Price Target


Over the past 65 days, ALE's average price target has gone up $0.2.

ALE reports an average of 4.47% for its upside potential over the past 16 months.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2021-09-20 7 84 62 71.40 60.26 18.49%
2020-06-05 5 88 49 63.33 NA NA%

ALE Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
3 1 0 2 1 1 4

The Trend in the Broker Recommendations


Over the past 30 days, ALE's average broker recommendation rating worsened by 0.33.

The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.

  • ALE has a higher average analyst price target than 78.77% of Utilities stocks.
  • Allete Inc's number of analysts covering the stock is greater than 22.77% of stocks in the mid market cap category.
  • ALE has a higher upside potential (average analyst target price relative to current price) than 67.81% of Utilities stocks.
  • ALE has a less variance in analysts' estimates than 64.9% of stocks in the mid market cap category.

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 POR, PAM and HE.

What is the outlook for ALE? Use POWR Ratings for clearer insight into price direction.


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