Ameresco downgraded by BofA Securities with a new price target
$AMRC
Engineering & Construction
Consumer Discretionary
BofA Securities downgraded Ameresco from Buy to Neutral and set a new price target of $37.00 from $29.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/4/2024 | $33.00 | Hold | Jefferies |
| 3/12/2024 | $34.00 | Neutral → Outperform | Exane BNP Paribas |
| 2/29/2024 | Buy → Neutral | Guggenheim | |
| 12/15/2023 | $29.00 → $37.00 | Buy → Neutral | BofA Securities |
| 11/7/2023 | Outperform → Perform | Oppenheimer | |
| 11/7/2023 | Outperform → Mkt Perform | William Blair | |
| 10/25/2023 | $44.00 | Neutral → Buy | ROTH MKM |
| 10/20/2023 | $43.00 | Neutral | Exane BNP Paribas |
SC 13G/A - Ameresco, Inc. (0001488139) (Subject)
SC 13G - Ameresco, Inc. (0001488139) (Subject)
SC 13G/A - Ameresco, Inc. (0001488139) (Subject)
Today Ameresco Sunel Energy SA announced its role in the construction of Lightsource bp's 560 MWp Enipeas solar project in Greece. This flagship project, one of the largest solar sites in Europe, underscores Greece's commitment to sustainable energy and economic resilience. Ameresco Sunel Energy SA is a joint venture between Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, and Sunel Group, an international leading solar PV EPC contractor. The joint venture has successfully secured a contract to construct the Enipeas project for Lightsource bp, marking a notable advancement in Greece's solar energy sector.
Analysts' ratings for Ameresco (NYSE:AMRC) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 1 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $35.0, a high estimate of $39.00, and a low estimate of $32.00. Marking an increase of 8.53%, the current average surpasses the previ
Piper Sandler analyst Kashy Harrison maintains Ameresco (NYSE:AMRC) with a Overweight and raises the price target from $30 to $37.
4 - Ameresco, Inc. (0001488139) (Issuer)
4 - Ameresco, Inc. (0001488139) (Issuer)
4 - Ameresco, Inc. (0001488139) (Issuer)
4 - Ameresco, Inc. (0001488139) (Issuer)
4 - Ameresco, Inc. (0001488139) (Issuer)
4 - Ameresco, Inc. (0001488139) (Issuer)
8-K - Ameresco, Inc. (0001488139) (Filer)
S-8 - Ameresco, Inc. (0001488139) (Filer)
10-Q - Ameresco, Inc. (0001488139) (Filer)
Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it will release its third quarter 2024 financial results after the close of the market on Thursday, November 7, 2024. The earnings press release will be available on the "Investor Relations" section of the Company's website at www.ameresco.com. The Company will host an earnings conference call at 4:30 p.m. EDT the same day. In conjunction with its earnings conference call and press release, the Company will provide supplemental information concerning the financial results. The supplemental information on a Current Report on Form 8-K will be posted to the "
Strong Revenue Growth Led by 45% Increase in Project Revenue Total Project Backlog Increased 36% Y/Y to a Record $4.4 billion; Contracted Backlog up 51% Record 155 MWe Energy Assets Placed into Operation During the Quarter Adjusting 2024 Guidance Second Quarter 2024 Financial Highlights: Revenues of $438.0 million Net income attributable to common shareholders of $5.0 million GAAP EPS of $0.09 Non-GAAP EPS of $0.10 Adjusted EBITDA of $45.1 million, reflecting the impact of SoCal Ed cost budget revisions of $6.6 million Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced financial results
Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it will release its second quarter 2024 financial results after the close of the market on Monday, August 5, 2024. The earnings press release will be available on the "Investor Relations" section of the Company's website at www.ameresco.com. The Company will host an earnings conference call at 4:30 p.m. EDT the same day. In conjunction with its earnings conference call and press release, the Company will provide supplemental information concerning the financial results. The supplemental information on a Current Report on Form 8-K will be posted to the "In
This Energy Savings Performance Contract sets a new standard for renewable energy adoption in public utilities, enhancing infrastructure resilience, reducing costs, and fostering community engagement Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its collaboration with the Roseburg Urban Sanitary Authority (RUSA) to implement a transformative energy program. This collaboration aims to enhance the resilience, sustainability, and cost-effectiveness of RUSA's key facilities, including its main office, Wastewater Treatment Plant (WWTP), and Natural Treatment System (NTS). This press release features multimedia
Celebrated for its outstanding contributions to sustainable urban development and innovative public-private partnerships, Ameresco's Bristol City Leap project has set a new standard in addressing climate change and enhancing community resilience Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, is proud to announce that its Bristol City Leap (BCL) project has been awarded the prestigious 2024 Award of Distinction for Public-Private Collaboration in Cities by the Global Partnership for Local Investment, an initiative of the World Economic Forum in collaboration with UN-Habitat. This accolade recognizes the groundbreaking effo
£3.5 million contract to lead to a 6,500 square-meter solar installation with close to 1 million kWh of clean energy generated annually. Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specialising in energy efficiency and renewable energy, today announced the award of a contract to implement a leading-edge thin film photovoltaic (PV) solution atop the iconic London Stadium. The contract, valued at approximately £3.5 million, includes comprehensive operations and maintenance (O&M) services for the duration of twenty-five years. It forms the vast majority of a £4.35m climate action investment at the stadium. This press release features multimedia. View the full release here: htt
Jefferies initiated coverage of Ameresco with a rating of Hold and set a new price target of $33.00
Exane BNP Paribas upgraded Ameresco from Neutral to Outperform and set a new price target of $34.00
Guggenheim downgraded Ameresco from Buy to Neutral
This First-of-its-kind 11.7Mwe Energy Asset plant in the U.S. will be powered by co-located LFG-to-Electric Plant Facility is designed to reduce 62,000 metric tons of carbon emissions annually while increasing energy resiliency and supporting California's renewable energy and decarbonization goals Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, Republic Services, Inc. (NYSE:RSG) and Pacific Gas and Electric Company (PG&E) (NYSE:PCG), today celebrated the ribbon cutting for California's largest and most resilient landfill gas (LFG) to renewable natural gas (RNG) plant, located at the Keller Canyon Landfill in Pittsburg, CA
New board appointment expands cleantech integrator's expertise in providing utility and corporate sustainability solutions Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the appointment of Charles R. Patton to its Board of Directors. Patton brings with him more than three decades of leading corporate sustainability initiatives, overseeing public policy and affairs, and enhancing business operations for a number of organizations across the industry. Patton served as the Executive Vice President, External Affairs of American Electric Power Company, Inc. (NASDAQ:AEP), one of the largest electric utility or
Patten comes to Ameresco with a 20-year track record of implementing integrated human resource strategies Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it has appointed Lenka Patten as its new Senior Vice President and Chief Human Resources Officer. With 20 years of forward-thinking human capital experience, Patten comes to Ameresco with a proven track record of implementing integrated human resource strategies that put people first and support the overall mission and vision of organizations. In her new role, Patten will serve as a strategic member of the Ameresco executive management team, leading