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Alerus Finl

ALRSNASDAQ
Logo brought to you by Benzinga Data
$21.81
-0.25-1.13%
At Close: -
$21.81
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$24.00
Lowest Price Target1
$23.00
Consensus Price Target1
$23.50

Alerus Finl (NASDAQ:ALRS) Stock, Analyst Ratings, Price Targets, Forecasts

Alerus Financial Corp has a consensus price target of $23.5 based on the ratings of 4 analysts. The high is $24 issued by Raymond James on September 17, 2024. The low is $23 issued by DA Davidson on August 1, 2024. The 3 most-recent analyst ratings were released by Raymond James, DA Davidson, and Keefe, Bruyette & Woods on September 17, 2024, August 1, 2024, and July 29, 2024, respectively. With an average price target of $23.33 between Raymond James, DA Davidson, and Keefe, Bruyette & Woods, there's an implied 6.98% upside for Alerus Financial Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
May
2
Jul
1
Aug
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.7
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Raymond James
DA Davidson
Keefe, Bruyette & Woods
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Alerus Finl

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Alerus Finl (ALRS) stock?

A

The latest price target for Alerus Finl (NASDAQ:ALRS) was reported by Raymond James on September 17, 2024. The analyst firm set a price target for $24.00 expecting ALRS to rise to within 12 months (a possible 10.04% upside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Alerus Finl (ALRS)?

A

The latest analyst rating for Alerus Finl (NASDAQ:ALRS) was provided by Raymond James, and Alerus Finl upgraded their outperform rating.

Q

When was the last upgrade for Alerus Finl (ALRS)?

A

The last upgrade for Alerus Financial Corp happened on September 17, 2024 when Raymond James raised their price target to $24. Raymond James previously had a market perform for Alerus Financial Corp.

Q

When was the last downgrade for Alerus Finl (ALRS)?

A

There is no last downgrade for Alerus Finl.

Q

When is the next analyst rating going to be posted or updated for Alerus Finl (ALRS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alerus Finl, 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 Alerus Finl was filed on September 17, 2024 so you should expect the next rating to be made available sometime around September 17, 2025.

Q

Is the Analyst Rating Alerus Finl (ALRS) correct?

A

While ratings are subjective and will change, the latest Alerus Finl (ALRS) rating was a upgraded with a price target of $0.00 to $24.00. The current price Alerus Finl (ALRS) is trading at is $21.81, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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