Seaport Global Reiterates Their Buy Rating on Solaris Oilfield Infrastructure Inc (SOI)


In a report issued on November 1, Mike Urban from Seaport Global reiterated a Buy rating on Solaris Oilfield Infrastructure Inc (SOI), with a price target of $24. The company’s shares opened today at $14.56, close to its 52-week low of $12.88.

According to TipRanks.com, Urban is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -8.4% and a 36.4% success rate. Urban covers the Basic Materials sector, focusing on stocks such as Natural Gas Services Group, Select Energy Services Inc, and C&J Energy Services Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Solaris Oilfield Infrastructure Inc with a $22.25 average price target, representing a 52.8% upside. In a report issued on November 1, Oppenheimer also assigned a Buy rating to the stock.

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Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock.

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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.

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