Analyst Price Target is $11.00
▲ +122.45% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Alta Equipment Group in the last 3 months. The average price target is $11.00, with a high forecast of $20.00 and a low forecast of $7.00. The average price target represents a 122.45% upside from the last price of $4.95.
Current Consensus is
Hold
The current consensus among 7 polled investment analysts is to hold stock in Alta Equipment Group. This rating changed within the last month from a Moderate Buy consensus rating.
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, and other construction equipment and related products. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; provides automated equipment installation and system integration solutions; and distributes environmental processing equipment. It serves various manufacturing, food and beverage, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture, road building, mining, recycling, and waste management sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.
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