NASDAQ:ALTG - Alta Equipment Group Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $10.50
  • Forecasted Upside: 26.05 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$8.33
▲ +0.4 (5.04%)
1 month | 3 months | 12 months
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Analyst Price Target for ALTG

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$10.50
▲ +26.05% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Alta Equipment Group in the last 3 months. The average price target is $10.50, with a high forecast of $14.00 and a low forecast of $8.50. The average price target represents a 26.05% upside from the last price of $8.33.
Buy
The current consensus among 3 polled investment analysts is to buy stock in Alta Equipment Group.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/3/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/1/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/30/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/28/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/27/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/26/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/24/2020

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/16/2020Raymond JamesSet Price TargetMarket Perform$9.00Low
i
10/9/2020Raymond JamesInitiated CoverageMarket Perform$9.00High
i
8/14/2020B. RileyReiterated RatingBuy$14.00Medium
i
Rating by Alex Rygiel at B. Riley
6/19/2020B. RileyReiterated RatingBuy$11.00High
i
Rating by Alex Rygiel at B. Riley
6/8/2020B. RileyBoost Price Target$10.00 ➝ $11.00Low
i
Rating by Alex Rygiel at B. Riley
5/15/2020B. RileyBoost Price TargetBuy$9.00 ➝ $10.00High
i
Rating by Alex Rygiel at B. Riley
4/7/2020Dougherty & CoInitiated CoverageBuy$8.50High
i
Rating by M. Shlisky at Dougherty & Co
3/26/2020B. RileyLower Price TargetBuy$11.00 ➝ $9.00Low
i
Rating by Alex Rygiel at B. Riley
3/17/2020B. RileyLower Price TargetBuy$14.00 ➝ $11.00High
i
Rating by Alex Rygiel at B. Riley
3/4/2020B. RileyReiterated RatingBuy$14.00Low
i
Rating by Alex Rygiel at B. Riley
2/19/2020B. RileyInitiated CoverageBuy$14.00High
i
(Data available from 10/24/2015 forward)
Alta Equipment Group logo
Alta owns and operates one of the largest integrated equipment dealership platforms in the U.S. Through its branch network, the company sells, rents, and provides parts and service support for several categories of specialized equipment, including lift trucks and aerial work platforms, cranes, earthmoving equipment and other industrial and construction equipment. Alta has operated as an equipment dealership for 35 years and has developed a branch network that includes 48 total locations across Michigan, Illinois, Indiana, New England, New York, Florida and Virginia. Alta offers its customers a one-stop-shop for most of their equipment needs by providing sales, parts, service, and rental functions under one roof. More information can be found at www.altaequipment.com.
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Today's Range

Now: $8.33
$7.93
$8.49

50 Day Range

MA: $8.17
$7.35
$9.02

52 Week Range

Now: $8.33
$3.59
$10.80

Volume

59,987 shs

Average Volume

249,297 shs

Market Capitalization

$245.83 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A