Solaris Energy Infrastructure (NASDAQ:SEI) Now Covered by Analysts at Piper Sandler

Piper Sandler initiated coverage on shares of Solaris Energy Infrastructure (NASDAQ:SEI) in a research report sent to investors on Thursday. The firm issued an overweight rating and a $37.00 price objective on the stock.

Other equities analysts also recently issued reports about the stock. Pickering Energy Partners raised shares of Solaris Energy Infrastructure from a “neutral” rating to an “outperform” rating in a report on Wednesday, November 6th. 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. Stifel Nicolaus lifted their price target on shares of Solaris Energy Infrastructure from $30.00 to $42.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Tudor Pickering raised shares of Solaris Energy Infrastructure to a “strong-buy” rating in a report on Wednesday, January 22nd. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $40.00.

Solaris Energy Infrastructure Stock Down 2.5 %

Shares of SEI stock opened at $29.27 on Thursday. Solaris Energy Infrastructure has a 12-month low of $7.49 and a 12-month high of $36.52. The company has a market cap of $1.96 billion, a P/E ratio of 57.73 and a beta of 1.35. The company’s 50-day moving average price is $28.80. The company has a quick ratio of 3.40, a current ratio of 3.61 and a debt-to-equity ratio of 0.77.

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.