ALLEGRO MICROSYSTEMS INC (ALGM)
US01749D1054 - Common Stock
ChartMill assigns a Buy % Consensus number of 85% to ALGM. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 39.63. This target is 37.76% above the current price.
ALGM was analyzed by 13 analysts. The buy percentage consensus is at 85. So analysts seem to be very confident about ALGM.
In the previous month the buy percentage consensus was at a similar level.
ALGM was analyzed by 13 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-04-16 | Evercore ISI Group | Initiate | Outperform |
| 2024-02-02 | Wolfe Research | Upgrade | Peer Perform -> Outperform |
| 2024-02-02 | Needham | Maintains | Buy -> Buy |
| 2023-11-03 | Needham | Maintains | Buy -> Buy |
| 2023-09-29 | B of A Securities | Initiate | Neutral |
| 2023-08-09 | Needham | Reiterate | Buy -> Buy |
| 2023-08-02 | Needham | Reiterate | Buy -> Buy |
| 2023-07-26 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2023-07-20 | Mizuho | Maintains | Buy -> Buy |
| 2023-07-20 | Wolfe Research | Initiate | Peer Perform |
| 2023-07-20 | Barclays | Maintains | Overweight -> Overweight |
| 2023-05-12 | Mizuho | Maintains | Buy -> Buy |
| 2023-05-12 | Needham | Reiterate | Buy -> Buy |
| 2023-03-15 | Needham | Maintains | Buy |
| 2023-03-15 | Barclays | Maintains | Overweight |
| 2023-02-01 | Mizuho | Maintains | Buy |
| 2023-02-01 | Needham | Maintains | Buy |
| 2023-02-01 | Barclays | Maintains | Overweight |
| 2023-02-01 | Cowen & Co. | Maintains | Outperform |
| 2023-01-23 | Barclays | Maintains | Overweight |
| 2023-01-20 | Cowen & Co. | Maintains | Outperform |
| 2023-01-09 | Wells Fargo | Maintains | Overweight |
| 2022-10-28 | Mizuho | Maintains | Buy |
| 2022-10-27 | Needham | Maintains | Buy |
| 2022-07-29 | Needham | Maintains | Buy |
| 2022-07-25 | Barclays | Maintains | Overweight |
| 2022-07-11 | Wells Fargo | Maintains | Overweight |
| 2022-05-25 | Cowen & Co. | Initiate | Outperform |
| 2022-05-11 | Mizuho | Maintains | Buy |
| 2022-05-11 | Needham | Maintains | Buy |