Analysts Set Smart Sand Inc (SND) Target Price at $12.80
Shares of Smart Sand Inc (NASDAQ:SND) have been given an average recommendation of “Buy” by the twelve research firms that are presently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $13.28.
Several equities research analysts recently issued reports on SND shares. Piper Jaffray Companies set a $12.00 target price on shares of Smart Sand and gave the stock a “buy” rating in a research report on Wednesday, January 10th. BidaskClub upgraded shares of Smart Sand from a “hold” rating to a “buy” rating in a report on Thursday, December 14th. Seaport Global Securities started coverage on shares of Smart Sand in a report on Friday, December 8th. They issued a “buy” rating and a $15.00 price target on the stock. Zacks Investment Research upgraded shares of Smart Sand from a “hold” rating to a “buy” rating and set a $8.50 price target on the stock in a report on Friday, November 17th. Finally, TheStreet upgraded shares of Smart Sand from a “d” rating to a “c-” rating in a report on Tuesday, January 2nd.
Smart Sand (NASDAQ:SND) traded up $0.01 on Friday, hitting $8.24. 329,800 shares of the company traded hands, compared to its average volume of 693,031. Smart Sand has a twelve month low of $4.81 and a twelve month high of $21.99. The firm has a market capitalization of $332.43, a PE ratio of 12.82 and a beta of 3.33.
ILLEGAL ACTIVITY NOTICE: “Analysts Set Smart Sand Inc (SND) Target Price at $12.80” was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece of content on another website, it was stolen and republished in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://www.thecerbatgem.com/2018/02/14/analysts-set-smart-sand-inc-snd-target-price-at-12-80.html.
Smart Sand Company Profile
Smart Sand, Inc is a producer of Northern White raw frac sand, which is a proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. The Company sells its products primarily to oil and natural gas exploration and production companies and oilfield service companies under a combination of long-term take-or-pay contracts and spot sales in the open market.
Receive News & Ratings for Smart Sand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smart Sand and related companies with MarketBeat.com's FREE daily email newsletter.