Solaris Energy Infrastructure (NASDAQ:SEI) Earns Buy Rating from Analysts at Janney Montgomery Scott

Stock analysts at Janney Montgomery Scott initiated coverage on shares of Solaris Energy Infrastructure (NASDAQ:SEI - Get Free Report) in a report issued on Tuesday, Marketbeat.com reports. The brokerage set a "buy" rating and a $57.00 price target on the stock. Janney Montgomery Scott's price objective indicates a potential upside of 67.08% from the stock's current price.

Several other analysts have also recently issued reports on SEI. Pickering Energy Partners raised Solaris Energy Infrastructure from a "neutral" rating to an "outperform" rating in a research note on Wednesday, November 6th. Stifel Nicolaus raised their price target on Solaris Energy Infrastructure from $42.00 to $48.00 and gave the stock a "buy" rating in a research note on Monday. Piper Sandler initiated coverage on shares of Solaris Energy Infrastructure in a research report on Thursday, February 20th. They set an "overweight" rating and a $37.00 price objective on the stock. Tudor Pickering raised shares of Solaris Energy Infrastructure to a "strong-buy" rating in a research report on Wednesday, January 22nd. Finally, Tudor, Pickering, Holt & Co. assumed coverage on shares of Solaris Energy Infrastructure in a research note on Wednesday, January 22nd. They set a "buy" rating and a $41.00 target price on the stock. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and an average price target of $45.75.

Remove Ads

Solaris Energy Infrastructure Stock Up 5.0 %

Shares of Solaris Energy Infrastructure stock traded up $1.62 on Tuesday, hitting $34.12. The stock had a trading volume of 1,449,693 shares, compared to its average volume of 1,063,749. The firm has a market cap of $2.29 billion, a PE ratio of 77.54 and a beta of 1.35. The company has a debt-to-equity ratio of 0.77, a quick ratio of 3.40 and a current ratio of 3.61. The firm has a 50-day moving average of $29.37. Solaris Energy Infrastructure has a one year low of $7.97 and a one year high of $39.03.

Solaris Energy Infrastructure Company Profile

Solaris Energy Infrastructure, Inc is a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. Its products include Mobile Proppant and Mobile Chemical Management Systems, and Inventory Management Software.