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Alamo Group Analyst Ratings

Benzinga ·  Aug 4, 2023 07:49
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/04/2023 15.8% Raymond James $220 → $210 Maintains Outperform
07/20/2023 21.32% Raymond James $215 → $220 Maintains Outperform
07/07/2023 18.56% Raymond James → $215 Initiates Coverage On → Outperform
06/08/2023 16.91% DA Davidson $208 → $212 Maintains Buy
05/08/2023 18.56% EF Hutton $210 → $215 Maintains Buy
03/16/2023 8.08% DA Davidson $173 → $196 Upgrades Neutral → Buy
02/27/2023 -4.6% DA Davidson $156 → $173 Maintains Neutral
02/27/2023 15.8% EF Hutton $195 → $210 Maintains Buy
10/19/2022 7.53% EF Hutton → $195 Initiates Coverage On → Buy
10/14/2021 -17.28% DA Davidson → $150 Initiates Coverage On → Neutral
10/09/2020 -20.04% Sidoti & Co. $136 → $145 Maintains Buy
06/17/2020 -28.31% Sidoti & Co. $110 → $130 Maintains Buy
03/31/2020 -39.34% Sidoti & Co. $145 → $110 Maintains Buy
10/25/2019 -17.28% Sidoti & Co. $145 → $150 Maintains Buy
09/06/2019 -29.41% Sidoti & Co. $123 → $128 Maintains Buy
08/01/2019 -32.17% Sidoti & Co. $118 → $123 Maintains Buy

What is the target price for Alamo Group (ALG)?

The latest price target for Alamo Group (NYSE: ALG) was reported by Raymond James on August 4, 2023. The analyst firm set a price target for $210.00 expecting ALG to rise to within 12 months (a possible 15.80% upside). 9 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Alamo Group (ALG)?

The latest analyst rating for Alamo Group (NYSE: ALG) was provided by Raymond James, and Alamo Group maintained their outperform rating.

When is the next analyst rating going to be posted or updated for Alamo Group (ALG)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alamo 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 Alamo Group was filed on August 4, 2023 so you should expect the next rating to be made available sometime around August 4, 2024.

Is the Analyst Rating Alamo Group (ALG) correct?

While ratings are subjective and will change, the latest Alamo Group (ALG) rating was a maintained with a price target of $220.00 to $210.00. The current price Alamo Group (ALG) is trading at is $181.34, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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