Altus Power, Inc. which can be found using ticker (AMPS) have now 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $8.00 and $5.00 and has a mean share price target at $6.31. (at the time of writing). Given that the stocks previous close was at $4.31 this would imply there is now a potential upside of 46.4%. It’s also worth noting that there is a 50 day moving average of $4.12 while the 200 day moving average is $5.32. The market capitalization for the company is 703.45M. The stock price is currently at: $4.40 USD
The potential market cap would be $1,029,876,984 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 $1.05 and a 0.71% 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.
