HA Sustainable Infrastructure Capital (NYSE:HASI) Price Target Raised to $31.00 at The Goldman Sachs Group

Key Points

• The Goldman Sachs Group raised the price target for HA Sustainable Infrastructure Capital from $27.00 to $31.00, maintaining a "neutral" rating on the stock.
• Other analysts have positive outlooks as well, with UBS Group raising their target price to $39.00 and JPMorgan Chase increasing it to $45.00, indicating strong market interest.
• HA Sustainable Infrastructure Capital's stock showed slight trading down of 0.1%, with an average price target currently at $38.13.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) had its price objective lifted by equities research analysts at The Goldman Sachs Group from $27.00 to $31.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a "neutral" rating on the real estate investment trust's stock. The Goldman Sachs Group's price objective suggests a potential upside of 0.88% from the stock's current price.

A number of other research analysts have also recently issued reports on HASI. Weiss Ratings reissued a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday. UBS Group raised their target price on shares of HA Sustainable Infrastructure Capital from $38.00 to $39.00 and gave the stock a "buy" rating in a report on Monday, August 11th. JPMorgan Chase & Co. upped their target price on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an "overweight" rating in a research note on Friday, September 19th. Finally, Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $38.13.

HA Sustainable Infrastructure Capital Trading Down 0.1%

Shares of HA Sustainable Infrastructure Capital stock traded down $0.02 during trading on Wednesday, hitting $30.73. 1,401,728 shares of the company were exchanged, compared to its average volume of 1,168,627. The firm has a market capitalization of $3.82 billion, a P/E ratio of 14.37, a price-to-earnings-growth ratio of 1.15 and a beta of 1.61. HA Sustainable Infrastructure Capital has a 1-year low of $21.98 and a 1-year high of $36.56. The firm's fifty day moving average price is $28.14 and its 200 day moving average price is $26.99. The company has a debt-to-equity ratio of 1.82, a current ratio of 10.81 and a quick ratio of 10.81.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. raised its stake in HA Sustainable Infrastructure Capital by 0.9% in the 2nd quarter. Osaic Holdings Inc. now owns 45,899 shares of the real estate investment trust's stock valued at $1,233,000 after acquiring an additional 389 shares during the period. Ameritas Investment Partners Inc. increased its holdings in shares of HA Sustainable Infrastructure Capital by 3.4% in the second quarter. Ameritas Investment Partners Inc. now owns 12,499 shares of the real estate investment trust's stock valued at $336,000 after purchasing an additional 415 shares during the last quarter. Values Added Financial LLC boosted its holdings in shares of HA Sustainable Infrastructure Capital by 3.1% during the 2nd quarter. Values Added Financial LLC now owns 14,621 shares of the real estate investment trust's stock worth $393,000 after buying an additional 439 shares during the period. Amalgamated Bank boosted its holdings in shares of HA Sustainable Infrastructure Capital by 1.4% during the 2nd quarter. Amalgamated Bank now owns 34,316 shares of the real estate investment trust's stock worth $922,000 after buying an additional 489 shares during the period. Finally, Signaturefd LLC boosted its holdings in shares of HA Sustainable Infrastructure Capital by 72.4% during the 1st quarter. Signaturefd LLC now owns 1,179 shares of the real estate investment trust's stock worth $34,000 after buying an additional 495 shares during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.

About HA Sustainable Infrastructure Capital

HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.

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