Allete Inc (ALE)
NYSE:ALE
Holding ALE?
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Allete (ALE) Stock Forecast & Price Target

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ALE Analyst Ratings

Currently, no data available
Based on 0 analysts giving stock ratings to
Allete
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

ALE Stock 12 Month Forecast

There Are No Analyst Ratings for ALE In The Last 3 Months.
Highest Price TargetAverage Price TargetLowest Price Target
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

ALE Financial Forecast

ALE Earnings Forecast

Next quarter’s earnings estimate for ALE is $1.02 with a range of $1.02 to $1.02. The previous quarter’s EPS was $0.57. ALE beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 59.85% of the time in the same period. In the last calendar year ALE has Underperformed its overall industry.
Next quarter’s earnings estimate for ALE is $1.02 with a range of $1.02 to $1.02. The previous quarter’s EPS was $0.57. ALE beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 59.85% of the time in the same period. In the last calendar year ALE has Underperformed its overall industry.

ALE Sales Forecast

The previous quarter’s earnings for ALE were $354.50M.
The previous quarter’s earnings for ALE were $354.50M.

Detailed List of Analyst Forecasts​

Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Mizuho Securities
$57$67
Hold
4.92%
Upside
Reiterated
05/16/24
Allete price target raised to $67 from $57 at MizuhoAllete price target raised to $67 from $57 at Mizuho
J.P. Morgan
$57
Hold
-10.74%
Downside
Reiterated
03/21/24
Wells Fargo
$59
Hold
-7.61%
Downside
Reiterated
02/20/24
Allete Hold Rating Maintained Amid Growth Prospects and Financial Uncertainties
Guggenheim
$41$58
Hold
-9.18%
Downside
Upgraded
01/22/24
Allete upgraded to Neutral from Sell at GuggenheimAllete upgraded to Neutral from Sell at Guggenheim
Sidoti
$64
Hold
0.22%
Upside
Downgraded
01/10/24
Allete downgraded to Neutral from Buy at SidotiAllete downgraded to Neutral from Buy at Sidoti

ALE Analyst Recommendation Trends

Rating
Dec 23
Jan 24
Feb 24
Mar 24
May 24
Strong Buy
0
0
0
0
0
Buy
0
0
0
0
0
Hold
4
6
5
4
4
Sell
1
0
0
0
0
Strong Sell
0
0
0
0
0
total
5
6
5
4
4
In the current month, ALE has received 0 Buy Ratings, 4 Hold Ratings, and 0 Sell Ratings. ALE average Analyst price target in the past 3 months is .
Each month's total comprises the sum of three months' worth of ratings.
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ALE Stock Forecast FAQ

What is ALE’s average 12-month price target, according to analysts?
Currently, no data Available
What is ALE’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for ALE, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
    How can I follow the stock ratings of top Wall Street analysts?
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      Is ALE a Buy, Sell or Hold?
      Currently, no data Available
      What is Allete Inc’s price target?
      Currently, no data Available
      What do analysts say about Allete Inc?
      Not enough analysts have published a price target to provide an average price target.
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