Consensus Rating1
Buy
Highest Price Target1
$14.25
Lowest Price Target1
$14.25
Consensus Price Target1
$14.25

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

Algoma Steel Group Inc has a consensus price target of $14.25 based on the ratings of 1 analysts. The high is $14.25 issued by Stifel on June 23, 2023. The low is $14.25 issued by Stifel on June 23, 2023. The 1 most-recent analyst ratings were released by Stifel on June 23, 2023, respectively. With an average price target of $14.25 between Stifel, there's an implied 50.00% upside for Algoma Steel Group Inc from these most-recent analyst ratings.

Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stifel

1calculated from analyst ratings

Analyst Ratings for Algoma Steel Group

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FAQ

Q

What is the target price for Algoma Steel Group (ASTL) stock?

A

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 50.00% upside). 0 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Algoma Steel Group (ASTL)?

A

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

Q

When was the last upgrade for Algoma Steel Group (ASTL)?

A

There is no last upgrade for Algoma Steel Group

Q

When was the last downgrade for Algoma Steel Group (ASTL)?

A

There is no last downgrade for Algoma Steel Group.

Q

When is the next analyst rating going to be posted or updated for Algoma Steel Group (ASTL)?

A

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.

Q

Is the Analyst Rating Algoma Steel Group (ASTL) correct?

A

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 $9.50, which is out of the analyst’s predicted range.

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