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Allete Inc (ALE)
NYSE:ALE
US Market

Allete (ALE) Stock Forecast & Price Target

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ALE Financial Forecast

ALE Earnings Forecast

Next quarter’s earnings estimate for ALE is $0.99 with a range of $0.99 to $0.99. The previous quarter’s EPS was $0.87. ALE beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 54.97% of the time in the same period. In the last calendar year ALE has Preformed in-line its overall industry.
Next quarter’s earnings estimate for ALE is $0.99 with a range of $0.99 to $0.99. The previous quarter’s EPS was $0.87. ALE beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 54.97% of the time in the same period. In the last calendar year ALE has Preformed in-line its overall industry.

ALE Sales Forecast

Currently, no sales data available.
Currently, no sales data available.

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
Wells Fargo
$67
Hold
2.35%
Upside
Reiterated
10/31/24
Wells Fargo Sticks to Their Hold Rating for Allete (ALE)
Mizuho Securities
$57$67
Hold
2.35%
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
-12.92%
Downside
Reiterated
03/21/24
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Best Analysts Covering Allete

Currently, no data available
Please return soon. This page is being updated.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

ALE Analyst Recommendation Trends

Rating
Jan 24
Feb 24
Mar 24
May 24
Oct 24
Strong Buy
0
0
0
0
0
Buy
0
0
0
0
0
Hold
6
5
4
4
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
6
5
4
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 $67.00.
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 $67.00.
    What is ALE’s upside potential, based on the analysts’ average price target?
    Allete Inc has 2.35% 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 $67.00. This is based on 0 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $67.00 ,the lowest forecast is $67.00. The average price target represents 2.35% Increase from the current price of $65.46.
              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?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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