Where could ALEC trade next? Consensus target price: $2.
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+ Follow$2.15
1 analysts in the last 4 months
High: $2 | Low: $2
No recommendations in the last 4 months.
Alector posts a target price of $2. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
A target price of $2 for ALEC means covering analysts, on average, see the stock 7.0% downside of $2.15 over about 12 months. Dig into who set the high and low targets and how recently they updated — freshness matters as much as the average itself.
Context for ALEC's target price usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Alector's other metric pages and overview cover the third.
Judging Alector against Healthcare peers is usually better than using a market-wide rule of thumb. Business models inside Healthcare are more comparable, which makes gaps in target price easier to interpret. Start with $2 here, then scan peer and history charts to see if the gap is persistent.