$11.75
0.32[2.80%]
At close: Apr 23
$11.75
0[0.00%]
After Hours: 4:05PM EDT
Alta Equipment Group
(NYSE:ALTG)Alta Equipment Group Stock (NYSE:ALTG), Analyst Ratings, Price Targets, Predictions
Alta Equipment Group Inc has a consensus price target of $22.75, established from looking at the 5 latest analyst ratings. The last 3 analyst ratings were released from B. Riley Securities, DA Davidson, and Raymond James on March 15, 2024, March 15, 2024, and March 10, 2023. With an average price target of $22 between B. Riley Securities, DA Davidson, and Raymond James, there's an implied 87.23% upside for Alta Equipment Group Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
B. Riley Securities
DA Davidson
Raymond James
Northland Capital Markets
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Alta Equipment Group
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/15/2024 | ALTG | Buy Now | Alta Equipment Group | $11.75 | 87.23% | B. Riley Securities | Alex Rygiel | $25 → $22 | Reiterates | Buy → Buy | Get Alert |
| 03/15/2024 | ALTG | Buy Now | Alta Equipment Group | $11.75 | 87.23% | DA Davidson | Matt Summerville | $22 → $22 | Maintains | Buy | Get Alert |
| 03/10/2023 | ALTG | Buy Now | Alta Equipment Group | $11.75 | 87.23% | Raymond James | Bryan Fast | $19 → $22 | Maintains | Outperform | Get Alert |
| 09/23/2022 | ALTG | Buy Now | Alta Equipment Group | $11.75 | 112.77% | Northland Capital Markets | Ted Jackson | → $25 | Initiates | → Outperform | Get Alert |
| 11/12/2021 | ALTG | Buy Now | Alta Equipment Group | $11.75 | 78.72% | B. Riley Securities | Alex Rygiel | — | Maintains | Buy | Get Alert |
FAQ
What is the target price for Alta Equipment Group (ALTG)?
The latest price target for Alta Equipment Group (NYSE: ALTG) was reported by B. Riley Securities on March 15, 2024. The analyst firm set a price target for $22.00 expecting ALTG to rise to within 12 months (a possible 87.23% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Alta Equipment Group (ALTG)?
The latest analyst rating for Alta Equipment Group (NYSE: ALTG) was provided by B. Riley Securities, and Alta Equipment Group reiterated their buy rating.
When was the last upgrade for Alta Equipment Group (ALTG)?
There is no last upgrade for Alta Equipment Group.
When was the last downgrade for Alta Equipment Group (ALTG)?
There is no last downgrade for Alta Equipment Group.
When is the next analyst rating going to be posted or updated for Alta Equipment Group (ALTG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alta Equipment Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Alta Equipment Group was filed on March 15, 2024 so you should expect the next rating to be made available sometime around March 15, 2025.
Is the Analyst Rating Alta Equipment Group (ALTG) correct?
While ratings are subjective and will change, the latest Alta Equipment Group (ALTG) rating was a reiterated with a price target of $25.00 to $22.00. The current price Alta Equipment Group (ALTG) is trading at is $11.75, which is out of the analyst’s predicted range.
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