Altus Power, Inc. – Consensus ‘buy’ rating and 89.8% Upside Potential

Broker Ratings
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Altus Power, Inc. with ticker code (AMPS) now have 7 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $10.00 and $7.00 and has a mean target at $8.71. Given that the stocks previous close was at $4.59 this now indicates there is a potential upside of 89.8%. The day 50 moving average is $5.94 and the 200 moving average now moves to $5.81. The market cap for the company is 709.50M. The stock price for Affirm Holdings, Inc. is $4.46 USD

The potential market cap would be $1,346,352,041 based on the market consensus.

The company has a dividend yield of 2.88%. Other points of data to note are a P/E ratio of -, revenue per share of $0.98 and a 0.88% return on assets.

Altus Power, Inc. is an independent commercial-scale clean electrification company. The Company serves commercial, industrial, public sector and community solar customers with end-to-end solutions. It originates, develops, owns and operates locally sited solar generation, energy storage and charging infrastructure across the nation. It is a developer, owner and operator of roof, ground and carport-based photovoltaic (PV) and energy storage systems, serving commercial and industrial, public sector and community solar customers. The Company’s portfolio consists of 470 megawatts (MW) of solar PV. It has long-term power purchase agreements (PPAs) with approximately 300 commercial and industrial (C&I) entities and contracts with approximately 5,000 residential customers, which are serviced by approximately 40 MW of community solar projects in operation. Its community solar projects are servicing customers in five states with projects in two additional states under construction.

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