ALLETE, Inc. which can be found using ticker (ALE) now have 6 confirmed 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 80 and 54 calculating the average target price we see $66.67. Now with the previous closing price of $61.78 and the analysts are correct then we can expect a percentage increase in value of 7.9%. Also worth taking note is the 50 day moving average now sits at $63.17 and the 200 moving average now moves to $61.02. The market cap for the company is 3.56B. The stock price is currently at: 62.17 USD
The potential market cap would be $3,845,393,477 based on the market consensus.
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The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 19.67, revenue per share of 30.79 and a 1.3% return on assets.
