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Allete Inc (ALE)
NYSE:ALE
See the Price Targets and Ratings of:
ALE Financial Forecast
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
TipRanks
$73
Hold
11.18%
Upside
Reiterated
07/15/25
Allete's overall score reflects a combination of stable financial performance, moderate valuation, and positive corporate events. The primary strengths include strong cash flow generation and strategic corporate actions. However, technical indicators suggest caution due to overbought conditions, and revenue growth remains a concern.
Wells Fargo
$67
Hold
2.04%
Upside
Reiterated
03/26/25
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
TipRanks
$73
Hold
11.18%
Upside
Reiterated
07/15/25
Allete's overall score reflects a combination of stable financial performance, moderate valuation, and positive corporate events. The primary strengths include strong cash flow generation and strategic corporate actions. However, technical indicators suggest caution due to overbought conditions, and revenue growth remains a concern.
Wells Fargo
$67
Hold
2.04%
Upside
Reiterated
03/26/25
ALE Analyst Recommendation Trends
Rating
May 24
Oct 24
Mar 25
Jun 25
Jul 25
Strong Buy
0
0
0
0
0
Buy
0
0
0
0
0
Hold
4
4
4
3
3
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
4
4
4
3
3
Each month's total comprises the sum of three months' worth of ratings.
ALE Stock Forecast FAQ
What is ALE’s average 12-month price target, according to analysts?
Based on analyst ratings, Allete Inc’s 12-month average price target is 70.00.
What is ALE’s upside potential, based on the analysts’ average price target?
Allete Inc has 6.61% upside potential, 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?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is ALE a Buy, Sell or Hold?
Allete Inc has a consensus rating of Hold which is based on 0 buy ratings, 0 hold ratings and 0 sell ratings.
What is Allete Inc’s price target?
The average price target for Allete Inc is 70.00. This is based on 0 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $70.00 ,the lowest forecast is $70.00. The average price target represents 6.61% Increase from the current price of $65.66.
The highest analyst price target is $70.00 ,the lowest forecast is $70.00. The average price target represents 6.61% Increase from the current price of $65.66.
What do analysts say about Allete Inc?
Allete Inc’s analyst rating consensus is a Hold. This is based on the ratings of 0 Wall Streets Analysts.
How can I buy shares of ALE?
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