In a report launched immediately, Eric Stine from Craig-Hallum maintained a Purchase ranking on Ameresco (AMRC – Analysis Report). The corporate’s shares closed yesterday at $21.37.
Based on TipRanks, Stine is a 3-star analyst with a median return of 3.6% and a 34.65% success fee. Stine covers the Industrials sector, specializing in shares equivalent to PureCycle Applied sciences, Chart Industries, and Aspen Aerogels.
Ameresco has an analyst consensus of Average Purchase, with a worth goal consensus of $40.43.
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The corporate has a one-year excessive of $65.86 and a one-year low of $18.40. At present, Ameresco has a median quantity of 605.9K.
Based mostly on the latest company insider exercise of 30 insiders, company insider sentiment is optimistic on the inventory. Because of this over the previous quarter there was a rise of insiders shopping for their shares of AMRC in relation to earlier this yr. Earlier this month, Michael Bakas, the EVP of AMRC purchased 5,750.00 shares for a complete of $46,737.50.
TipRanks has tracked 36,000 firm insiders and located that a couple of of them are higher than others in relation to timing their transactions. See which 3 shares are most certainly to make strikes following their insider actions.
Ameresco (AMRC) Firm Description:
Ameresco, Inc. engages within the provision of vitality companies, together with vitality effectivity, infrastructure upgrades, asset sustainability, and renewable vitality options for companies and organizations all through North America and Europe. It operates by the next segments: U.S. Areas, U.S. Federal, Canada, Non-Photo voltaic Distributed Era, and All Different. The U.S. Areas, U.S. Federal, and Canada segments provide vitality effectivity services and products, equivalent to design, engineering and set up of kit and different measures to enhance the effectivity and management the operation of a facility’s vitality infrastructure; and renewable vitality options and companies. The Non-Photo voltaic Distributed Era sells electrical energy, processed renewable gasoline gas, warmth or cooling, produced from renewable sources of vitality, apart from photo voltaic, and generated by small-scale vegetation; and operations and upkeep companies for buyer owned small-scale vegetation. The All Different section enterprise vitality administration companies, consulting companies and integrated-PV. The corporate was based by George P. Sakellaris on April 25, 2000 and is headquartered in Framingham, MA.
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