Allete (ALE) stock forecast for 2022 – 2027

Are you interested in ALLETE, Inc. stocks prediction? If yes, then on this page you will find useful information about the dynamics of the ALE stock price in 2022-2027. Is ALE a good long term stock? When should I take profit in Allete stock? Buy or sell stock? Will ALE stock price go up? What are analysts’ forecasts for ALE stock?
Forecst.com predicts future values using technical analysis of a large number of analytical parameters. ALE stock returns are also predicted based on historical data.

According to our research, ALE stock is a bad long-term investment. ALE share price has been in a bear cycle for the past year. ALLETE, Inc. stock trend is bearish.

Allete company info

Industry Utilities—Diversified
Address 30 West Superior Street, Duluth, MN, 55802-2093, United States
Website https://www.allete.com

Forecasting

52 Week High: 64.0693 USD
52 Week Low: 53.8275 USD
1 Year Forecast: 55.9136 USD
5 Year Forecast: 0 USD

Agilent Technologies info

Market Cap: 3.36B
52 Week Change: -0.2079%
52 Week High: 71.75 USD
52 Week Low: 56.29 USD
Beta: 0.693909
50 Day Moving Average: 64.92
90 Day Moving Average: 53.779
200 Day Moving Average: 64.37
Resistance Level: 65.9631
Pivot Point: 63.46
Support Level: 60.7404
Enterprise Value: 5,848,340,480
Forward P/E: 16.25
Forward EPS: 3.92
Profit Margin: 11.52%
Shares Outstanding: 52,572,500
EBITDA: 15.68
Held Percent Institutions: 75.95%
PEG Ratio (5Y): 3.51
Trailing EPS: 2.94

Allete stock forecasts for 2022-2027

DateOpen PriceClose PriceChange

Allete Stock Forecast for 2022

March 2022 62 61 -1.61%
April 2022 59.78 61.61 3.06%
May 2022 62.22 61 -1.96%
June 2022 61.61 60.6 -1.64%
July 2022 60 60 0%
August 2022 58.8 59 0.34%
September 2022 59.59 56.43 -5.3%
October 2022 55.86 55.86 0%
November 2022 57.57 55.44 -3.7%
December 2022 57.12 54.88 -3.92%

Allete Stock Forecast for 2023

January 2023 57.12 54.45 -4.67%
February 2023 54.45 53.9 -1.01%
March 2023 54.45 51.94 -4.61%
April 2023 53 53.53 1%
May 2023 54.06 52.47 -2.94%
June 2023 54.06 52 -3.81%
July 2023 52.47 51.94 -1.01%
August 2023 53.53 51 -4.73%
September 2023 51.51 49.5 -3.9%
October 2023 49 49 0%
November 2023 48.51 47.04 -3.03%
December 2023 48 47.04 -2%

Allete Stock Forecast for 2024

January 2024 48 47.52 -1%
February 2024 47 47 0%
March 2024 47.94 46.46 -3.09%
April 2024 45.54 45.54 0%
May 2024 45.08 44.1 -2.17%
June 2024 45.45 44.1 -2.97%
July 2024 45.9 44.1 -3.92%
August 2024 45 42.57 -5.4%
September 2024 43.43 41.16 -5.23%
October 2024 41.16 40.59 -1.38%
November 2024 40.18 40 -0.45%
December 2024 40 39.6 -1%

Allete Stock Forecast for 2025

January 2025 40.8 39.2 -3.92%
February 2025 40.4 38.22 -5.4%
March 2025 38.22 37.62 -1.57%
April 2025 37.62 37.24 -1.01%
May 2025 38.38 36.63 -4.56%
June 2025 37 37.37 1%
July 2025 37 36.63 -1%
August 2025 36.26 34.65 -4.44%
September 2025 35.7 34 -4.76%
October 2025 34 34 0%
November 2025 33.33 32.64 -2.07%
December 2025 31.68 32.64 3.03%

Allete Stock Forecast for 2026

January 2026 31.68 32.32 2.02%
February 2026 32.32 31.31 -3.13%
March 2026 30.38 30.6 0.72%
April 2026 30 29.7 -1%
May 2026 30.3 29.58 -2.38%
June 2026 29 29.29 1%
July 2026 29.58 29 -1.96%
August 2026 29 26.46 -8.76%
September 2026 27.54 25.74 -6.54%
October 2026 25.74 26.52 3.03%
November 2026 26 23.76 -8.62%
December 2026 24.5 23.52 -4%

Allete Stock Forecast for 2027

January 2027 25 25 0%