Smart Sand Inc (SND) Receives New Coverage from Analysts at Deutsche Bank AG
A number of other equities analysts have also commented on SND. Goldman Sachs Group Inc. started coverage on shares of Smart Sand in a research note on Tuesday. They issued a “buy” rating for the company. Piper Jaffray Cos. initiated coverage on shares of Smart Sand in a research report on Tuesday. They issued an “overweight” rating and a $13.25 target price for the company. Finally, Credit Suisse Group AG initiated coverage on shares of Smart Sand in a research report on Tuesday. They issued an “outperform” rating and a $14.00 target price for the company.
Smart Sand (NYSE:SND) opened at 12.18 on Wednesday. Smart Sand has a 52-week low of $10.30 and a 52-week high of $12.89. The firm has a 50-day moving average of $11.43 and a 200-day moving average of $11.43. The stock has a market capitalization of $270.02 million and a PE ratio of 141.63.
In other Smart Sand news, Director Jose Enrique Feliciano sold 564,696 shares of the stock in a transaction that occurred on Tuesday, November 29th. The shares were sold at an average price of $10.34, for a total value of $5,838,956.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
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