Piper Jaffray analyst John Watson reiterated a Buy rating on Solaris Oilfield Infrastructure Inc (SOI) today and set a price target of $17.50. The company’s shares closed yesterday at $12.61, close to its 52-week low of $10.50.
According to TipRanks.com, Watson has currently no stars on a ranking scale of 0-5 stars, with an average return of -22.1% and a 25.7% success rate. Watson covers the Basic Materials sector, focusing on stocks such as Covia Holdings Corporation, Tetra Technologies, and US Silica Holdings.
Currently, the analyst consensus on Solaris Oilfield Infrastructure Inc is a Strong Buy with an average price target of $19.30, which is a 53.1% upside from current levels. In a report issued on December 19, Credit Suisse also maintained a Buy rating on the stock with a $17 price target.
.
See today’s analyst top recommended stocks >>
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Solaris Oilfield Infrastructure, Inc. is a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant at oil and natural gas well sites.
