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Alto Ingredients Inc has a consensus price target of $5 based on the ratings of 3 analysts. The high is $5.5 issued by HC Wainwright & Co. on August 7, 2024. The low is $4 issued by Craig-Hallum on March 12, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on August 7, 2024, May 7, 2024, and March 12, 2024, respectively. With an average price target of $5.5 between HC Wainwright & Co., there's an implied 298.55% upside for Alto Ingredients Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Alto Ingredients (NASDAQ:ALTO) was reported by HC Wainwright & Co. on August 7, 2024. The analyst firm set a price target for $5.50 expecting ALTO to rise to within 12 months (a possible 298.55% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Alto Ingredients (NASDAQ:ALTO) was provided by HC Wainwright & Co., and Alto Ingredients reiterated their buy rating.
There is no last upgrade for Alto Ingredients
There is no last downgrade for Alto Ingredients.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alto Ingredients, 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 Alto Ingredients was filed on August 7, 2024 so you should expect the next rating to be made available sometime around August 7, 2025.
While ratings are subjective and will change, the latest Alto Ingredients (ALTO) rating was a reiterated with a price target of $5.50 to $5.50. The current price Alto Ingredients (ALTO) is trading at is $1.38, which is out of the analyst’s predicted range.
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