On 11/7/23, Ameresco Inc (NYSE: AMRC) stock suffered a major decline of -14.9%, closing at $22.65. The stock has been weak relative to the market over the last nine months and has declined -18.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, AMRC is expected to continue to be a Value Builder.
Ameresco has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Ameresco has a slightly positive Appreciation Score of 69 and a neutral Power Rating of 45, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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