Stifel Nicolaus Forecasts Strong Price Appreciation for Solaris Energy Infrastructure (NASDAQ:SEI) Stock

Solaris Energy Infrastructure (NASDAQ:SEI) had its target price boosted by stock analysts at Stifel Nicolaus from $42.00 to $48.00 in a research note issued on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ target price points to a potential upside of 44.69% from the stock’s current price.

A number of other research analysts have also recently issued reports on SEI. Tudor Pickering raised Solaris Energy Infrastructure to a “strong-buy” rating in a research note on Wednesday, January 22nd. Piper Sandler assumed coverage on Solaris Energy Infrastructure in a research report on Thursday. They issued an “overweight” rating and a $37.00 price objective for the company. Pickering Energy Partners upgraded shares of Solaris Energy Infrastructure from a “neutral” rating to an “outperform” rating in a report on Wednesday, November 6th. Finally, Tudor, Pickering, Holt & Co. started coverage on shares of Solaris Energy Infrastructure in a report on Wednesday, January 22nd. They set a “buy” rating and a $41.00 price target for the company. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Solaris Energy Infrastructure currently has a consensus rating of “Buy” and a consensus target price of $42.00.

Solaris Energy Infrastructure Trading Down 7.7 %

Shares of SEI traded down $2.79 during mid-day trading on Monday, reaching $33.18. The company’s stock had a trading volume of 405,388 shares, compared to its average volume of 978,905. Solaris Energy Infrastructure has a 52 week low of $7.49 and a 52 week high of $39.03. The firm has a market capitalization of $2.23 billion, a PE ratio of 75.40 and a beta of 1.35. The stock’s fifty day moving average price is $28.97. The company has a debt-to-equity ratio of 0.77, a quick ratio of 3.40 and a current ratio of 3.61.

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.