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Ameresco (AMRC) Stock Forecast & Price Target

$33.31
+1.74 (+5.51%)
(As of 07/12/2024 ET)

Ameresco - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$40.31
21.01% Upside
High Forecast$73.00
Average Forecast$40.31
Low Forecast$30.00
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
12 Buy rating(s)
11 Buy rating(s)
10 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$40.31$40.31$45.33$63.15
Forecasted Upside21.01% Upside42.11% Upside39.82% Upside26.02% Upside
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AMRC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AMRC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Ameresco Stock vs. The Competition

TypeAmerescoOils/Energy CompaniesS&P 500
Consensus Rating Score
2.81
2.57
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside21.01% Upside303.19% Upside9.17% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/25/2024B. Riley
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R. Pfingst
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UpgradeStrong-Buy
5/14/2024UBS Group
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 Boost TargetBuy ➝ Buy$36.00 ➝ $39.00+28.80%
5/9/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$35.00 ➝ $32.00+21.77%
5/9/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$28.00 ➝ $32.00+18.91%
4/22/2024Truist Financial
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 Lower TargetBuy ➝ Buy$40.00 ➝ $37.00+95.87%
4/17/2024Oppenheimer
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 Reiterated RatingMarket Perform ➝ Market Perform
4/11/2024Piper Sandler
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 Lower TargetOverweight ➝ Overweight$32.00 ➝ $30.00+29.76%
4/3/2024Raymond James
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 Lower TargetOutperform ➝ Outperform$40.00 ➝ $35.00+48.81%
3/12/2024BNP Paribas
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 UpgradeNeutral ➝ Outperform$34.00+59.47%
2/29/2024Canaccord Genuity Group
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 Lower TargetBuy ➝ Buy$50.00 ➝ $36.00+56.32%
2/29/2024Guggenheim
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 Reiterated RatingBuy ➝ Neutral
12/15/2023Bank of America
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 DowngradeBuy ➝ Neutral$29.00 ➝ $37.00+1.31%
11/7/2023William Blair
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T. Mulrooney
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DowngradeOutperform ➝ Market Perform
10/25/2023Roth Capital
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C. Irwin
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UpgradeNeutral ➝ Buy
10/25/2023Roth Mkm
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 UpgradeNeutral ➝ Buy$44.00+47.97%
8/1/2023Craig Hallum
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 Boost TargetBuy ➝ Buy$68.00 ➝ $73.00+28.07%
5/18/2023VNET Group
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 Reiterated RatingMaintains
2/28/2023EF Hutton Acquisition Co. I
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 Lower TargetBuy$86.00 ➝ $80.00+54.44%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:46 PM ET.

AMRC Forecast - Frequently Asked Questions

What is Ameresco's forecast for 2024?

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Ameresco is $40.31, with a high forecast of $73.00 and a low forecast of $30.00.

Should I buy or sell Ameresco stock right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last twelve months. There are currently 4 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AMRC shares.

Does Ameresco's stock price have much upside?

According to analysts, Ameresco's stock has a predicted upside of 40.42% based on their 12-month stock forecasts.

Has Ameresco been upgraded by Wall Street analysts recently?

Over the previous 90 days, Ameresco's stock had 1 upgrade by analysts.

What analysts cover Ameresco?

Ameresco has been rated by research analysts at B. Riley, Oppenheimer, Robert W. Baird, Stifel Nicolaus, Truist Financial, and UBS Group in the past 90 days.

Do Wall Street analysts like Ameresco more than its competitors?

Analysts like Ameresco more than other "oils/energy" companies. The consensus rating score for Ameresco is 2.81 while the average consensus rating score for "oils/energy" companies is 2.57. Learn more on how AMRC compares to other companies.


This page (NYSE:AMRC) was last updated on 7/13/2024 by MarketBeat.com Staff

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