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Altius Renewable Royalties (ARR) Stock Forecast & Price Target

Altius Renewable Royalties logo
C$11.88 -0.02 (-0.17%)
(As of 11/15/2024 04:31 PM ET)

Altius Renewable Royalties - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
0
Buy
3

Based on 4 Wall Street analysts who have issued ratings for Altius Renewable Royalties in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 1 has given a sell rating, and 3 have given a buy rating for ARR.

Consensus Price Target

C$15.88
33.63% Upside
According to the 4 analysts' twelve-month price targets for Altius Renewable Royalties, the average price target is C$15.88. The highest price target for ARR is C$26.50, while the lowest price target for ARR is C$11.00. The average price target represents a forecasted upside of 33.63% from the current price of C$11.88.
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ARR Analyst Ratings Over Time

TypeCurrent Forecast
11/18/23 to 11/17/24
1 Month Ago
10/19/23 to 10/18/24
3 Months Ago
8/20/23 to 8/19/24
1 Year Ago
11/18/22 to 11/18/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$15.88C$15.30C$12.50C$12.39
Forecasted Upside33.63% Upside28.57% Upside39.98% Upside78.57% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Buy

ARR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ARR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Altius Renewable Royalties Stock vs. The Competition

TypeAltius Renewable RoyaltiesUtilities Companies
Consensus Rating Score
2.50
2.50
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Positive News

See Recent ARR News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/13/2024TD Securities
4 of 5 stars
J. Mould
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DowngradeBuy ➝ SellC$13.00 ➝ C$12.00+1.87%
9/13/2024Raymond James
4 of 5 stars
D. Quezada
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Boost TargetStrong-Buy ➝ OutperformC$25.00 ➝ C$26.50+124.96%
6/28/2024Ventum Financial
0 of 5 stars
 Boost TargetBuyC$13.00 ➝ C$14.00+50.05%
1/9/2024National Bankshares
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 Boost TargetOutperformC$10.00 ➝ C$11.00+41.94%
11/8/2023Pi Financial
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D. Schilling
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Lower TargetC$14.00 ➝ C$13.00+83.36%
6/23/2023Laurentian
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 Set TargetBuyC$11.00+22.22%
12/9/2022Scotiabank
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 Lower TargetC$13.25 ➝ C$11.75+35.52%
12/9/2022Cormark
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 Boost TargetOutperformC$15.50 ➝ C$17.50+101.85%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 07:46 PM ET.


ARR Forecast - Frequently Asked Questions

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Altius Renewable Royalties is C$15.88, with a high forecast of C$26.50 and a low forecast of C$11.00.

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altius Renewable Royalties in the last twelve months. There is currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ARR shares.

According to analysts, Altius Renewable Royalties's stock has a predicted upside of 33.63% based on their 12-month stock forecasts.

Over the previous 90 days, Altius Renewable Royalties's stock had 1 downgrade by analysts.

Altius Renewable Royalties has been rated by research analysts at Raymond James, and TD Securities in the past 90 days.

Analysts like Altius Renewable Royalties less than other "utilities" companies. The consensus rating score for Altius Renewable Royalties is 2.50 while the average consensus rating score for "utilities" companies is 2.50. Learn more on how ARR compares to other companies.


This page (TSE:ARR) was last updated on 11/17/2024 by MarketBeat.com Staff
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