Allete – Consensus Indicates Potential 14.4% Upside
Allete found using ticker (ALE) have now 6 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 83 and 60 with the average target price sitting at 66.5. With the stocks previous close at 58.12 this would imply there is a potential upside of 14.4%. The 50 day MA is 59.63 and the 200 moving average now moves to 62.42. The company has a market cap of $3,329m. Visit the company website at: https:||www.allete.com [stock_market_widget type="chart" template="basic" color="green" assets="ALE" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,809m based on the market concensus. ALLETE operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired | natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers.
Allete – Consensus Indicates Potential 14.4% Upside
Allete found using ticker (ALE) have now 6 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 83 and 60 with the average target price sitting at 66.5. With the stocks previous close at 58.12 this would imply there is a potential upside of 14.4%. The 50 day MA is 59.63 and the 200 moving average now moves to 62.42. The company has a market cap of $3,329m. Visit the company website at: https:||www.allete.com [stock_market_widget type="chart" template="basic" color="green" assets="ALE" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,809m based on the market concensus. ALLETE operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired | natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers.