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

Research analysts at Piper Sandler started coverage on shares of Solaris Energy Infrastructure (NASDAQ:SEI) in a note issued to investors on Thursday, Marketbeat reports. The firm set an “overweight” rating and a $37.00 price target on the stock. Piper Sandler’s target price points to a potential upside of 2.25% from the stock’s current price.

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

Solaris Energy Infrastructure Stock Performance

Shares of SEI stock opened at $36.19 on Thursday. Solaris Energy Infrastructure has a fifty-two week low of $7.49 and a fifty-two week high of $39.03. The firm has a fifty day simple moving average of $28.81. 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 market cap of $2.43 billion, a P/E ratio of 82.24 and a beta of 1.35.

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.