In a report released yesterday, Damon Delmonte from KBW maintained a Hold rating on Alerus Financial (ALRS – Research Report), with a price target of $22.00. The company’s shares closed yesterday at $21.00.
According to TipRanks, Delmonte is a 5-star analyst with an average return of 16.3% and a 69.29% success rate. Delmonte covers the Financial sector, focusing on stocks such as Heartland Financial USA, Equity Bancshares, and Financial Institutions.
The word on The Street in general, suggests a Hold analyst consensus rating for Alerus Financial with a $24.00 average price target.
The company has a one-year high of $25.63 and a one-year low of $12.62. Currently, Alerus Financial has an average volume of 40.43K.
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Alerus Financial (ALRS) Company Description:
Alerus Financial Corp. engages in the provision of business and consumer financial products and services through its subsidiaries, Alerus Financial NA and Alerus Securities Corp.. Its products and services include retirement plans, philanthropic giving, financial and estate planning, education funding, trust and fiduciary services, private banking, check loans, mortgage, savings, and personal loans. The was founded in 1933 and is headquartered in Grand Folks, ND.
