Several investment firms have updated their stock ratings and price targets on shares of Hi-Crush Partners LP (NASDAQ: HCLP) in the last week:

  • Hi-Crush Partners LP is now covered by analysts at Robert W. Baird. They set an “outperform” rating and a $23.00 price target on the stock.
  • Hi-Crush Partners LP is now covered by analysts at RBC Capital. They set an “outperform” rating and a $23.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • Hi-Crush Partners LP is now covered by analysts at UBS AG. They set a “buy” rating and a $24.00 price target on the stock.
  • Hi-Crush Partners LP is now covered by analysts at Barclays Capital. They set an “overweight” rating and a $24.00 price target on the stock.
  • Hi-Crush Partners LP is now covered by analysts at Credit Suisse. They set an “outperform” rating and a $26.00 price target on the stock. They wrote, “Downside Protected by Low-Risk Structure: HCLP’s long-term, take-or-pay contracts substantially protect the partnership against downside risks. In our view, these contracts position HCLP to weather any medium-term softness in the frac sand market. Furthermore, they provide the partnership with the cash flow stability and visibility to pay a sustainable distribution to unit-holders while pursuing growth opportunities.”
  • Hi-Crush Partners LP is now covered by analysts at Morgan Stanley. They set an “equal weight” rating and a $22.00 price target on the stock.
  • Hi-Crush Partners LP is now covered by analysts at Raymond James. They set an “outperform” rating and a $25.00 price target on the stock.

Shares of Hi-Crush Partners LP opened at 21.26 on Tuesday. Hi-Crush Partners LP has a 52 week low of $17.00 and a 52 week high of $22.25. The company has a market cap of $580.0 million and a P/E ratio of 17.99.

Hi-Crush Partners LP is a domestic producer of monocrystalline sand, a specialized mineral that is used as a proppant to enhance the recovery rates of hydrocarbons from oil and natural gas wells.