Analyst Price Target is $19.50
▲ +19.78% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Alerus Financial in the last 3 months. The average price target is $19.50, with a high forecast of $21.00 and a low forecast of $18.00. The average price target represents a 19.78% upside from the last price of $16.28.
Current Consensus is
The current consensus among 2 contributing investment analysts is to hold stock in Alerus Financial.
Alerus Financial Corp. engages in the provision of business and consumer financial products and services through its subsidiary, Alerus Financial NA. It operates through the following segments: Banking, Retirement & Benefit Services, Wealth Management, Mortgage, and Corporate Administration. The Banking segment provides lending and deposit products. The Retirement & Benefit Services segment consists of retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, HSA, and other benefit services. The Wealth Management segment offers fiduciary services to consumer and commercial clients, including financial planning, investment management, personal and corporate trust services, estate administration, and custody services. The Mortgage segment includes first and second mortgage loans through a centralized mortgage unit. The Corporate Administration segment covers indirect overhead allocations and income tax expense. The was company founded in 1879 and is headquartered in Grand Folks, ND.