Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) had its target price raised by research analysts at B. Riley from $41.00 to $44.00 in a research report issued on Monday, Benzinga reports. The brokerage currently has a "buy" rating on the real estate investment trust's stock. B. Riley's target price would suggest a potential upside of 73.30% from the stock's current price.
HASI has been the topic of a number of other reports. TheStreet raised Hannon Armstrong Sustainable Infrastructure Capital from a "d+" rating to a "c" rating in a report on Thursday, February 15th. Mizuho increased their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the company a "buy" rating in a report on Wednesday, January 3rd. Morgan Stanley increased their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the company an "overweight" rating in a report on Monday, February 26th. Bank of America increased their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a "buy" rating in a report on Wednesday, March 13th. Finally, The Goldman Sachs Group increased their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the company a "neutral" rating in a report on Friday, February 16th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital has a consensus rating of "Moderate Buy" and an average price target of $32.22.
Read Our Latest Research Report on Hannon Armstrong Sustainable Infrastructure Capital
Hannon Armstrong Sustainable Infrastructure Capital Stock Performance
Shares of HASI stock traded up $0.44 during mid-day trading on Monday, reaching $25.39. The stock had a trading volume of 994,708 shares, compared to its average volume of 988,826. The business's fifty day moving average is $25.89 and its 200-day moving average is $23.93. The company has a current ratio of 19.42, a quick ratio of 19.42 and a debt-to-equity ratio of 1.98. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 0.95 and a beta of 1.88. Hannon Armstrong Sustainable Infrastructure Capital has a 1-year low of $13.22 and a 1-year high of $29.88.
Institutional Trading of Hannon Armstrong Sustainable Infrastructure Capital
Several hedge funds and other institutional investors have recently bought and sold shares of HASI. CWM LLC grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 83.4% in the third quarter. CWM LLC now owns 3,611 shares of the real estate investment trust's stock valued at $77,000 after purchasing an additional 1,642 shares during the period. DnB Asset Management AS grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 37.2% in the third quarter. DnB Asset Management AS now owns 14,875 shares of the real estate investment trust's stock valued at $315,000 after purchasing an additional 4,030 shares during the period. State of Alaska Department of Revenue acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the third quarter valued at approximately $1,414,000. Everence Capital Management Inc. acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital in the third quarter valued at approximately $236,000. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 61.7% in the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 48,316 shares of the real estate investment trust's stock valued at $1,024,000 after purchasing an additional 18,444 shares during the period. 96.14% of the stock is owned by institutional investors and hedge funds.
About Hannon Armstrong Sustainable Infrastructure Capital
(
Get Free Report)
Hannon Armstrong Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment in 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.
Featured Articles
Before you consider Hannon Armstrong Sustainable Infrastructure Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hannon Armstrong Sustainable Infrastructure Capital wasn't on the list.
While Hannon Armstrong Sustainable Infrastructure Capital currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
