Analyst Price Target is $17.00
▲ +145.66% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Algoma Steel Group in the last 3 months. The average price target is $17.00, with a high forecast of $17.00 and a low forecast of $17.00. The average price target represents a 145.66% upside from the last price of $6.92.
Current Consensus is
The current consensus among 2 polled investment analysts is to buy stock in Algoma Steel Group. This Buy consensus rating has held steady for over two years.
Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.