ALLETE INC (ALE) Stock Analyst Ratings
USA - NYSE:ALE - US0185223007 - Common Stock
67.38 USD
+0.04 (+0.06%)
67.38 USD
0 (0%)
ChartMill assigns a Buy % Consensus number of 80% to ALE. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 70.67. This target is 4.89% above the current price.
ALE was analyzed by 6 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about ALE.
In the previous month the buy percentage consensus was at a similar level.
ALE was analyzed by 6 analysts. More opinions would make the average more meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-05-16 | Mizuho | Maintains | Neutral -> Neutral |
| 2024-02-21 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2024-01-22 | Guggenheim | Upgrade | Sell -> Neutral |
| 2024-01-10 | Sidoti & Co. | Downgrade | Buy -> Neutral |
| 2023-07-21 | Mizuho | Maintains | Neutral -> Neutral |
| 2023-07-07 | Guggenheim | Maintains | Sell -> Sell |
| 2023-06-27 | B of A Securities | Downgrade | Neutral -> Underperform |
| 2023-05-05 | B of A Securities | Downgrade | Buy -> Neutral |
| 2023-04-06 | Sidoti & Co. | Upgrade | Neutral -> Buy |
| 2023-01-30 | Wells Fargo | Maintains | Equal-Weight |
| 2023-01-24 | Mizuho | Maintains | Neutral |
| 2023-01-23 | Guggenheim | Downgrade | Neutral -> Sell |
| 2022-12-14 | Wells Fargo | Maintains | Equal-Weight |
| 2022-12-09 | Mizuho | Maintains | Neutral |
| 2022-11-17 | JP Morgan | Upgrade | Underweight -> Neutral |
| 2022-11-14 | B of A Securities | Upgrade | Neutral -> Buy |
| 2022-10-19 | Wells Fargo | Maintains | Equal-Weight |
| 2022-10-03 | Mizuho | Maintains | Neutral |
| 2022-09-16 | Mizuho | Maintains | Neutral |
| 2022-05-25 | B of A Securities | Initiate | Neutral |
| 2022-03-02 | Mizuho | Maintains | Neutral |
| 2021-04-28 | Wells Fargo | Maintains | Equal-Weight |
ALLETE INC / ALE FAQ
What is the price target for ALE stock?
6 analysts have analysed ALE and the average price target is 70.67 USD. This implies a price increase of 4.89% is expected in the next year compared to the current price of 67.38.
What is the consensus rating for ALE stock?
The consensus rating for ALLETE INC (ALE) is 80 / 100 . This indicates that analysts generally have a positive outlook on the stock.