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General Description

ALLETE

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Ticker: ALE

Sector: Electric Utilities

Utility and renewable energy developer Allete may be worth as much as $61 in a takeover - analyst. Minnesota Power has a market of about $5 billion. Minnesota power has a total of about 50,000 customers..
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Extended Summary

ALLETE

Allete, Inc.  is reportedly exploring selling the company after registering a 2% year-over-year decline in sales in the last reported quarter. Headquartered in Duluth, Minnesota, Allete has 150,000 electricity customers in northern Minnesota. Utility and renewable energy developer Allete may be worth as much as $61 in a takeover - analyst. Allete (ALE) has a market value of about $5 billion. Allete stock jumps amid report utility exploring sale (NYse:ale) | seeking alpha.com. Allete shares rose 71% in a report that utility exploring a sale, including renewable energy developer Allete. Minnesota Power has a market of about $5 billion. Shares of ALlete Inc (ALE) crossed above their 200 day moving average of $58.42, changing hands as high as $60.44 per share. The 303-MW Caddo Wind Farm in Oklahoma was the largest single project completed in January and the only wind project completed.

Related Results

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December 18, 2023 19:44 (London Time)

ALLETE

Guggenheim cut their price target on ALLEte from $49.00 to $41.00 in a research note on Monday. State Street Corp. lifted its position in ALleTE by …
Sector: Electric Utilities
Ticker: ALE
Sentiment: 0.91
MarketCap: 3,465,887,521.0
High: 60.55 Low: 59.81

Open: 60.3 Close: 60.06 Change: -0.24

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December 09, 2023 14:38 (London Time)

ALLETE

Utility and renewable energy developer Allete may be worth as much as $61 in a takeover - analyst. Minnesota Power has a market of about $5 billion.…
Sector: Electric Utilities
Ticker: ALE
Sentiment: 0.9022
MarketCap: 3,526,238,796.0
High: 61.97 Low: 61.04

Open: 61.73 Close: 61.35 Change: -0.38

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