| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/30/2023 | 7.95% | Piper Sandler | $20 → $19 | Maintains | Neutral |
| 07/31/2023 | 19.32% | DA Davidson | $20 → $21 | Maintains | Neutral |
| 07/31/2023 | 22.16% | Piper Sandler | $20 → $21.5 | Maintains | Neutral |
| 05/01/2023 | -9.09% | Piper Sandler | $18 → $16 | Maintains | Neutral |
| 05/01/2023 | -3.41% | Keefe, Bruyette & Woods | $18 → $17 | Maintains | Market Perform |
| 04/27/2023 | 2.27% | Piper Sandler | $18 → $18 | Maintains | Neutral |
| 03/15/2023 | 2.27% | Piper Sandler | $22 → $18 | Maintains | Neutral |
| 10/31/2022 | 42.05% | Piper Sandler | $24 → $25 | Maintains | Neutral |
| 08/01/2022 | 59.09% | Piper Sandler | $27 → $28 | Maintains | Neutral |
| 04/29/2022 | 61.93% | Piper Sandler | $32 → $28.5 | Maintains | Neutral |
| 07/30/2021 | 76.14% | Piper Sandler | $33 → $31 | Maintains | Neutral |
| 09/23/2020 | 19.32% | Piper Sandler | $22 → $21 | Maintains | Neutral |
| 06/17/2020 | — | Raymond James | Downgrades | Outperform → Market Perform | |
| 04/30/2020 | 7.95% | Piper Sandler | $18 → $19 | Maintains | Neutral |
| 10/08/2019 | 42.05% | Raymond James | → $25 | Initiates Coverage On | → Outperform |
What is the target price for Alerus Finl (ALRS)?
The latest price target for Alerus Finl (NASDAQ: ALRS) was reported by Piper Sandler on October 30, 2023. The analyst firm set a price target for $19.00 expecting ALRS to rise to within 12 months (a possible 7.95% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Alerus Finl (ALRS)?
The latest analyst rating for Alerus Finl (NASDAQ: ALRS) was provided by Piper Sandler, and Alerus Finl maintained their neutral rating.
When is the next analyst rating going to be posted or updated for Alerus Finl (ALRS)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alerus Finl, 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 Alerus Finl was filed on October 30, 2023 so you should expect the next rating to be made available sometime around October 30, 2024.
Is the Analyst Rating Alerus Finl (ALRS) correct?
While ratings are subjective and will change, the latest Alerus Finl (ALRS) rating was a maintained with a price target of $20.00 to $19.00. The current price Alerus Finl (ALRS) is trading at is $17.60, which is out of the analyst's predicted range.