ArcLight Clean Transition Corp (ACTD:NSD) STA Research assigns a Hold rating

STA Research assigned a Hold rating on ArcLight Clean Transition Corp with a 12 month target forecast of $10.10 per share.

Based on the ArcLight Clean Transition Corp stock forecasts from 1 analysts, the average analyst target price for ArcLight Clean Transition Corp is $10.10 over the next 12 months. ArcLight Clean Transition Corp’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of ArcLight Clean Transition Corp is Neutral, which is based on 0 positive signals and 0 negative signals. At the last closing, ArcLight Clean Transition Corp’s stock price was USD 16.94. ArcLight Clean Transition Corp’s stock price has changed by +0.00% over the past week, +0.00% over the past month and +0.00% over the last year.

The operations of ArcLight Clean Transition Corp. are minimal. It plans to combine one or more firms or entities by a merger, stock exchange, asset purchase, stock purchase, reorganisation, or other similar corporate combination. The business was established in 2020 and has its headquarters in Boston, Massachusetts.

 

What we like:

There is no fundamental attribute that we can detect on the stock that would warrant a positive outlook. The stock is a pure speculative play!

What we don’t like:

There is nothing we particularly dislike