Allete, Inc. (NYSE:ALE) Updated Analyst Coverage
A number of investment brokers have recently updated their price targets on shares of Allete, Inc. (NYSE:ALE). According to the latest broker reports outstanding on Monday 9th of May, 0 analysts have a rating of “strong buy”, 0 analysts “buy”, 0 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.
Most recent broker ratings
03/30/2016 – Allete, Inc. had its “underweight” rating reiterated by analysts at JP Morgan. They now have a USD 54 price target on the stock.
03/29/2016 – Allete, Inc. had its “hold” rating reiterated by analysts at Williams Capital. They now have a USD 60 price target on the stock.
02/19/2016 – Allete, Inc. had its “buy” rating reiterated by analysts at Wunderlich. They now have a USD 57 price target on the stock.
10/15/2015 – Wells Fargo began new coverage on Allete, Inc. giving the company a “market perform” rating.
06/26/2015 – Allete, Inc. was downgraded to “underweight” by analysts at Bank of America Merrill Lynch. They now have a USD 47 price target on the stock.
06/09/2015 – Allete, Inc. had its “overweight” rating reiterated by analysts at KeyBanc. They now have a USD 51.5 price target on the stock.
05/08/2015 – Allete, Inc. had its “neutral” rating reiterated by analysts at Robert W. Baird. They now have a USD 57 price target on the stock.
05/01/2015 – Allete, Inc. was downgraded to “sell” by analysts at Zacks.
08/06/2014 – Allete, Inc. had its “buy” rating reiterated by analysts at Ladenburg Thalmann. They now have a USD 53 price target on the stock.
02/21/2014 – Allete, Inc. was upgraded to “neutral” by analysts at McLean Capital Management.
02/18/2014 – Allete, Inc. was upgraded to “neutral” by analysts at Ned Davis Research.
The share price of Allete, Inc. (NYSE:ALE) was down -1.35% during the last day of trading, with a day high of 57.69. 704925 shares were traded during the last session.
The stock’s 50 day moving average is 56.04 and its 200 day moving average is 52.76. The stock’s market capitalization is 2.79B. Allete, Inc. has a 52-week low of 45.29 and a 52-week high of 58.49.
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