.png "Sunrun (NASDAQ: RUN)")
After JMP Securities and Credit Suisse gave Sunrun (NASDAQ: RUN) a Buy rating last month, the company received another Buy, this time from Barclays. Analyst Moses Sutton maintained a Buy rating on Sunrun yesterday and set a price target of $21.00. The company’s shares closed last Monday at $13.77.
According to TipRanks.com, Sutton is a 2-star analyst with an average return of 2.6% and a 64.7% success rate. Sutton covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners, Nextera Energy Partners, and Azure Power Global.
Sunrun has an analyst consensus of Strong Buy, with a price target consensus of $21.40, a 43.8% upside from current levels. In a report released yesterday, JMP Securities also maintained a Buy rating on the stock with a $25.00 price target.
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The company has a one-year high of $21.42 and a one-year low of $8.81. Currently, Sunrun has an average volume of 1.68M.
Based on the recent corporate insider activity of 97 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 RUN 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.
SunRun, Inc. engages in the design, development, installation, sale, ownership and maintenance of residential solar energy systems. It sells solar service offerings and install solar energy systems for homeowners through its direct-to-consumer channel. It also offers plans such as monthly lease, full amount lease, purchase system, and monthly loan.
