Solaris Energy Infrastructure (NASDAQ:SEI) Coverage Initiated by Analysts at Piper Sandler

Stock analysts at Piper Sandler assumed coverage on shares of Solaris Energy Infrastructure (NASDAQ:SEI) in a research report issued on Thursday. The brokerage set an “overweight” rating and a $37.00 price target on the stock. Piper Sandler’s target price would suggest a potential upside of 23.44% from the stock’s current price.

A number of other equities analysts have also recently weighed in on SEI. Tudor, Pickering, Holt & Co. initiated coverage on Solaris Energy Infrastructure in a report on Wednesday, January 22nd. They set a “buy” rating and a $41.00 price objective on the stock. Tudor Pickering raised shares of Solaris Energy Infrastructure to a “strong-buy” rating in a research note on Wednesday, January 22nd. Stifel Nicolaus lifted their target price on shares of Solaris Energy Infrastructure from $30.00 to $42.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, Pickering Energy Partners raised Solaris Energy Infrastructure from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 6th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $40.00.

Solaris Energy Infrastructure Stock Performance

Solaris Energy Infrastructure stock opened at $29.97 on Thursday. Solaris Energy Infrastructure has a fifty-two week low of $7.49 and a fifty-two week high of $36.52. 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 stock has a market cap of $2.01 billion, a PE ratio of 68.12 and a beta of 1.35. The firm’s fifty day moving average is $28.84.

About Solaris Energy Infrastructure

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.