In a report released today, Matt Summerville from D.A. Davidson maintained a Buy rating on Allego (ALLG – Research Report). The company’s shares closed yesterday at $1.22.
According to TipRanks, Summerville is a 3-star analyst with an average return of 1.7% and a 41.18% success rate. Summerville covers the Industrials sector, focusing on stocks such as Crane NXT, Graco, and IDEX.
Allego has an analyst consensus of Strong Buy, with a price target consensus of $10.00, representing a 719.67% upside. In a report released today, Benchmark Co. also maintained a Buy rating on the stock with a $16.00 price target.
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ALLG market cap is currently $326M and has a P/E ratio of -3.23.
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Allego (ALLG) Company Description:
Spartan Acquisition Corp III is a blank check company.
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