Credit Suisse Group AG Initiates Coverage on Smart Sand Inc (SND)
Analysts at Credit Suisse Group AG assumed coverage on shares of Smart Sand Inc (NYSE:SND) in a research report issued to clients and investors on Tuesday. The firm set an “outperform” rating and a $14.00 price target on the stock. Credit Suisse Group AG’s target price indicates a potential upside of 2.41% from the company’s previous close.
SND has been the subject of several other research reports. Piper Jaffray Cos. assumed coverage on Smart Sand in a research note on Tuesday. They issued an “overweight” rating and a $13.25 target price for the company. Goldman Sachs Group Inc. assumed coverage on Smart Sand in a research note on Tuesday. They issued a “buy” rating and a $17.00 target price for the company.
Shares of Smart Sand (NYSE:SND) opened at 13.67 on Tuesday. Smart Sand has a 52 week low of $10.30 and a 52 week high of $12.89. The firm has a market capitalization of $303.05 million and a price-to-earnings ratio of 158.95. The stock’s 50 day moving average price is $11.43 and its 200-day moving average price is $11.43.
ILLEGAL ACTIVITY WARNING: “Credit Suisse Group AG Initiates Coverage on Smart Sand Inc (SND)” was originally published by Daily Political and is the propert of of Daily Political. If you are reading this story on another domain, it was stolen and republished in violation of United States & international copyright & trademark legislation. The original version of this story can be accessed at http://www.dailypolitical.com/2016/12/01/credit-suisse-group-ag-initiates-coverage-on-smart-sand-inc-snd.html.
In related news, insider Andrew R. Speaker sold 35,258 shares of the firm’s stock in a transaction dated Tuesday, November 29th. The stock was sold at an average price of $11.00, for a total transaction of $387,838.00. Following the transaction, the insider now directly owns 855,742 shares of the company’s stock, valued at approximately $9,413,162. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Robert Kiszka sold 16,124 shares of the firm’s stock in a transaction dated Tuesday, November 29th. The shares were sold at an average price of $11.00, for a total value of $177,364.00. Following the transaction, the vice president now directly owns 22,484 shares in the company, valued at $247,324. The disclosure for this sale can be found here.
Receive News & Ratings for Smart Sand Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smart Sand Inc and related companies with MarketBeat.com's FREE daily email newsletter.