▲ +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.
The current consensus among 3 polled investment analysts is to buy stock in Alta Equipment Group.
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.