Alta Equipment Group

ALTGNYSE
$8.11
0.172.14%
At Close: -
$8.11
00.00%
After Hours: 1:00 PM EDT
15 minutes delayed
Consensus Rating1
Outperform
Highest Price Target1
$25.00
Lowest Price Target1
$20.00
Consensus Price Target1
$22.25

Alta Equipment Group (NYSE:ALTG) Stock, Analyst Ratings, Price Targets, Predictions

Alta Equipment Group Inc has a consensus price target of $22.25, established from looking at the 6 latest analyst ratings. The last 3 analyst ratings were released from DA Davidson, B. Riley Securities, and DA Davidson on May 21, 2024, March 15, 2024, and March 15, 2024. With an average price target of $21.33 between DA Davidson, B. Riley Securities, and DA Davidson, there's an implied 163.05% upside for Alta Equipment Group Inc from these 3 analyst ratings.

Analyst Trends and Forecast
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Mar
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May
Buy
Hold
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Analyst Rating and Forecast
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4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

DA Davidson
B. Riley Securities
Raymond James
Northland Capital Markets

1calculated from analyst ratings

Analyst Ratings for Alta Equipment Group

Buy NowGet Alert
05/21/2024Buy Now146.61%DA Davidson
Matt Summerville
$22 → $20MaintainsBuyGet Alert
03/15/2024Buy Now171.27%B. Riley Securities
Alex Rygiel
$25 → $22ReiteratesBuy → BuyGet Alert
03/15/2024Buy Now171.27%DA Davidson
Matt Summerville
$22 → $22MaintainsBuyGet Alert
03/10/2023Buy Now171.27%Raymond James
Bryan Fast
$19 → $22MaintainsOutperformGet Alert
09/23/2022Buy Now208.26%Northland Capital Markets
Ted Jackson
→ $25Initiates → OutperformGet Alert
11/12/2021Buy Now158.94%B. Riley Securities
Alex Rygiel
MaintainsBuyGet Alert

FAQ

Q

What is the target price for Alta Equipment Group (ALTG) stock?

A

The latest price target for Alta Equipment Group (NYSE:ALTG) was reported by DA Davidson on May 21, 2024. The analyst firm set a price target for $20.00 expecting ALTG to rise to within 12 months (a possible 146.61% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Alta Equipment Group (ALTG)?

A

The latest analyst rating for Alta Equipment Group (NYSE:ALTG) was provided by DA Davidson, and Alta Equipment Group maintained their buy rating.

Q

When was the last upgrade for Alta Equipment Group (ALTG)?

A

There is no last upgrade for Alta Equipment Group

Q

When was the last downgrade for Alta Equipment Group (ALTG)?

A

There is no last downgrade for Alta Equipment Group.

Q

When is the next analyst rating going to be posted or updated for Alta Equipment Group (ALTG)?

A

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 May 21, 2024 so you should expect the next rating to be made available sometime around May 21, 2025.

Q

Is the Analyst Rating Alta Equipment Group (ALTG) correct?

A

While ratings are subjective and will change, the latest Alta Equipment Group (ALTG) rating was a maintained with a price target of $22.00 to $20.00. The current price Alta Equipment Group (ALTG) is trading at is $8.11, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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