Algoma Steel Group Stock (NASDAQ:ASTL), Analyst Ratings, Price Targets, Predictions

The latest price target for Algoma Steel Group (NASDAQ: ASTL) was reported by Stifel on June 23, 2023. The analyst firm set a price target for $14.25 expecting ASTL to rise to within 12 months (a possible 81.30% upside). 1 analyst firms have reported ratings in the last year.

The latest analyst rating for Algoma Steel Group (NASDAQ: ASTL) was provided by Stifel, and Algoma Steel Group maintained their buy rating.

There is no last upgrade for Algoma Steel Group.

There is no last downgrade for Algoma Steel Group.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Algoma Steel 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 Algoma Steel Group was filed on June 23, 2023 so you should expect the next rating to be made available sometime around June 23, 2024.

While ratings are subjective and will change, the latest Algoma Steel Group (ASTL) rating was a maintained with a price target of $16.00 to $14.25. The current price Algoma Steel Group (ASTL) is trading at is $7.86, which is out of the analyst’s predicted range.