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Alta Equipment Group Inc has a consensus price target of $15.75 based on the ratings of 4 analysts. The high is $22 issued by B. Riley Securities on March 15, 2024. The low is $9 issued by Raymond James on November 14, 2024. The 3 most-recent analyst ratings were released by Raymond James, Northland Capital Markets, and DA Davidson on November 14, 2024, November 13, 2024, and August 13, 2024, respectively. With an average price target of $13.67 between Raymond James, Northland Capital Markets, and DA Davidson, there's an implied 83.20% upside for Alta Equipment Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Alta Equipment Group (NYSE:ALTG) was reported by Raymond James on November 14, 2024. The analyst firm set a price target for $9.00 expecting ALTG to rise to within 12 months (a possible 20.81% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Alta Equipment Group (NYSE:ALTG) was provided by Raymond James, and Alta Equipment Group maintained their market perform rating.
There is no last upgrade for Alta Equipment Group
The last downgrade for Alta Equipment Group Inc happened on November 13, 2024 when Northland Capital Markets changed their price target from $30 to $20 for Alta Equipment Group Inc.
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 November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Alta Equipment Group (ALTG) rating was a maintained with a price target of $10.00 to $9.00. The current price Alta Equipment Group (ALTG) is trading at is $7.45, which is out of the analyst’s predicted range.
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