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Algoma Central Corp (DE:ACH)
FRANKFURT:ACH
Algoma Central (ACH) Stock Forecast & Price Target
1 Followers
See the Price Targets and Ratings of:
ACH Analyst Ratings
Currently, no data available
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
ACH Stock 12 Month Forecast
There Are No Analyst Ratings for DE:ACH In The Last 3 Months.
| Highest Price Target― | Average Price Target― | Lowest Price Target― |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
ACH Financial Forecast
Detailed List of Analyst Forecasts
M Partners
€16.98
Buy
71.56%
Upside
Reiterated
05/04/23
We are increasing our revenue estimate for FY/23 to $778M (up from $739M) and EBITDA estimate to $252.8M (up from $236.7M). Domestic Dry-Bulk: DDB Q1/23 revenue came in at $34.5M vs. our estimate of $24.6M. Q1/23 EBITDA came in at -$31.5M vs. our estimate of -$22.5M. The Q1/23 revenue beat comes as ALC saw a 23% rise in volume YoY, driving a 14% increase in revenue days. DDB saw a higher number of vessels operating into January this year vs. 2022, and an earlier start to the navigation season. Volumes across all sectors were higher, with noticeable increases in salt and steel. Operating costs saw an increase, and as a result EBITDA took a hit; increases in operating costs were related to increased operating days, higher fuel costs and higher winter maintenance expenditures to prepare vessels for the seasonally busy Q2 – Q4.
Best Analysts Covering Algoma Central
Which Analyst Should I Follow If I Want to Buy DE:ACH and Sell After:
1 Month
3 Months
1 Year
Success Rate
1/1 ratings generated profit
Average Return
+1.10%
reiterated a buy rating 12 months ago
Copying Maxwell Carr's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +1.10% per trade.
2 Years
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
ACH Analyst Recommendation Trends
Rating
Jan 21
Aug 22
Sep 22
Oct 22
May 23
Strong Buy
1
1
0
0
1
Buy
4
5
4
3
1
Hold
0
0
1
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
5
6
5
4
3
Each month's total comprises the sum of three months' worth of ratings.
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ACH Stock Forecast FAQ
What is DE:ACH’s average 12-month price target, according to analysts?
Currently, no data Available
What is DE:ACH’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for DE:ACH, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Algoma Central Corp a Buy, Sell or Hold?
Currently, no data Available
What is Algoma Central Corp’s share price target?
Currently, no data Available
What do analysts say about Algoma Central Corp?
Not enough analysts have published a price target to provide an average price target.
How can I buy shares of Algoma Central Corp?
To buy shares of DE:ACH, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.