Algoma Central (ALC), the Services sector company was revisited on November 14, and remains undervalued for at least one analyst on the street. Analyst Anoop Prihar from GMP FirstEnergy rated Algoma Central (ALC) a Buy on November 14, setting a C$19 price target.
According to TipRanks.com, Prihar is ranked #1418 out of 4897 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Algoma Central with a C$19 average price target.
The company has a one-year high of C$16.04 and a one-year low of C$11.71. Currently, Algoma Central has an average volume of 4,719.
Algoma Central Corp. is a shipping company, which engages in owning and operating flag fleet of dry-bulk carriers and product tankers. It operates through the following segments: Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, and Global Short Sea Shipping.
The company’s shares closed on Friday at C$11.99, close to its 52-week low of C$11.71.
