Oppenheimer Sticks to Their Buy Rating for Hannon Armstrong (HASI)


Oppenheimer analyst Noah Kaye maintained a Buy rating on Hannon Armstrong (HASI) today and set a price target of $42.00. The company’s shares closed last Thursday at $27.77.

According to TipRanks.com, Kaye is a 4-star analyst with an average return of 3.5% and a 51.0% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation, Delphi Technologies, and Johnson Controls.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hannon Armstrong with a $35.83 average price target.

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Hannon Armstrong’s market cap is currently $2.03B and has a P/E ratio of 22.70. The company has a Price to Book ratio of 2.18.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HASI in relation to earlier this year.

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.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. engages in focusing on solutions that reduce carbon emissions and increase resilience to climate change by providing capital and specialized expertise to companies in the energy efficiency, renewable energy and other sustainable infrastructure markets. The company was founded on November 7, 2012 and is headquartered in Annapolis, MD.

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