Altus Power, Inc. Share Price Target ‘$6.31’, now 55.4% Upside Potential

Broker Ratings
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Altus Power, Inc. with ticker code (AMPS) now have 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is 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 $4.06 this is indicating there is a potential upside of 55.4%. The 50 day MA is $4.17 and the 200 day MA is $5.37. The market capitalization for the company is 685.86M. The stock price is currently at: $4.29 USD

The potential market cap would be $1,065,960,746 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.

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