Alta Equipment Group Inc. (ALTG) Social Stream



Alta Equipment Group Inc. (ALTG): $6.89

0.10 (-1.43%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

D

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Industry: Industrial - Equipment

Industry

C

Ranked

#74 of 88

in industry

ALTA EQUIPMENT GROUP INC (ALTG) Price Targets From Analysts

The tables below show price targets and recommendations from analysts covering ALTA EQUIPMENT GROUP INC.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-10-18 4 $22 $16 $18.625 $11.57 60.98%
2021-11-15 4 $22 $19 $20.5 $11.57 77.18%
2022-04-04 3 $22 $19 $20.75 $11.57 79.34%
2022-04-05 4 $22 $19 $20.75 $11.57 79.34%
2022-05-11 3 $22 $19 $20.333 $11.57 75.74%
2022-05-12 3 $20 $16 $18.333 $11.57 58.45%
2022-07-05 3 $20 $14 $16.666 $11.57 44.04%
2022-08-11 3 $22 $15 $18.666 $11.57 61.33%
2022-11-03 4 $25 $15 $20.25 $11.57 75.02%
2022-11-17 3 $25 $17 $20.75 $11.57 79.34%
2022-12-13 4 $25 $17 $20.75 $11.57 79.34%
2023-03-01 4 $25 $19 $21.25 $11.57 83.66%
2023-03-10 4 $25 $19 $22.75 $11.57 96.63%
2023-03-14 4 $25 $22 $23.5 $11.57 103.11%
2023-06-07 4 $30 $22 $25.666 $11.57 121.83%
2023-11-13 4 $30 $22 $24.75 $11.57 113.92%
2023-12-15 4 $30 $19.5 $24.125 $11.57 108.51%

The Trend in the Analyst Price Target


ALTG's average price target has moved up $3.79 over the prior 19 months.

Over the past 46 weeks, ALTG's average upside potential has been 62.9%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-03-14 4 25 22 23.500 16.22 44.88%
2023-05-15 4 30 22 24.750 15.28 61.98%
2023-06-07 4 30 22 25.666 15.80 62.44%
2023-08-14 4 30 22 24.750 14.44 71.4%
2023-11-13 4 30 22 24.750 10.91 126.86%

ALTG Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.25 3 1 0 0 0 4

The Trend in the Broker Recommendations


Over the past 17 months, ALTG's average broker recommendation rating improved by 0.08.

Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.

  • In terms of how ALTA EQUIPMENT GROUP INC fares relative to all US stocks, note that its number of analysts covering the stock is higher than 217.39% of that group.
  • To contextualize these metrics, consider that out of Wholesale stocks, ALTA EQUIPMENT GROUP INC's upside potential (average analyst target price relative to current price) is higher than 1647.93% of them.
  • In the context of Wholesale stocks, ALTA EQUIPMENT GROUP INC's average analyst price target is higher than 259.77% of them.
  • ALTG has a lower variance in analysts' estimates than -775.92% of Wholesale stocks.

Stocks similar to ALTA EQUIPMENT GROUP INC in the Wholesale industry regarding analyst recommendations and price targets are DXPE, GIC, and ITRN.

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


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