Johnson Rice Upgrades Smart Sand to Accumulate with Price Target $21

Brokerage firm Johnson Rice Upgrades its rating on Smart Sand(SND). As per the latest information, Johnson Rice Raises the price target to $21 per share from a prior target of $20. The shares have been rated Accumulate. Previously, the analysts had a Buy rating on the shares. The rating by the stock financial advisor at Johnson Rice was issued on Mar 17, 2017 in a research report to their Investors and Clients.

In a different note, On Jan 20, 2017, Goldman Sachs said it Downgrades its rating on Smart Sand. According to the research note, Goldman Sachs Maintains the price target to $17 per share from a prior target of $17. The shares have been rated ‘Neutral’ by the firm.

Smart Sand (SND) made into the market gainers list on Wednesdays trading session with the shares advancing 2.26% or 0.32 points. Due to strong positive momentum, the stock ended at $14.46, which is also near the day’s high of $14.76. The stock began the session at $14.04 and the volume stood at 17,46,954 shares. The 52-week high of the shares is $21.99 and the 52 week low is $10.3. The company has a current market capitalization of $587 M and it has 4,05,89,641 shares in outstanding.

Smart Sand(SND) last announced its earnings results on Mar 16, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $29.450M. Analysts had an estimated revenue of $29.740M. Earnings per share were $0.43. Analysts had estimated an EPS of $0.4.

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