In a report released today, Tristan Richardson from Scotiabank maintained a Buy rating on Sunrun (RUN – Research Report), with a price target of $18.00. The company’s shares opened today at $14.87.
Richardson covers the Energy sector, focusing on stocks such as Kinder Morgan, Williams Co, and Enterprise Products Partners. According to TipRanks, Richardson has an average return of 4.9% and a 56.86% success rate on recommended stocks.
In addition to Scotiabank, Sunrun also received a Buy from J.P. Morgan’s Mark Strouse in a report issued today. However, on the same day, BMO Capital maintained a Hold rating on Sunrun (NASDAQ: RUN).
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The company has a one-year high of $26.00 and a one-year low of $8.43. Currently, Sunrun has an average volume of 14.3M.
Based on the recent corporate insider activity of 103 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RUN in relation to earlier this year.
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Sunrun (RUN) Company Description:
SunRun, Inc. engages in the design, development, installation, sale, ownership and maintenance of residential solar energy systems. It sells solar service offerings and install solar energy systems for homeowners through its direct-to-consumer channel. It also offers plans such as monthly lease, full amount lease, purchase system, and monthly loan. The company was founded by Edward H. Fenster, Robert N. Kreamer and Lynn M. Jurich in January 2007 and is headquartered in San Francisco, CA.
Read More on RUN:
- Sunrun Inc. Announces Proposed Private Offering of $475 Million of Convertible Senior Notes
- Sunrun and Lowe’s Partner to Bring Solar and Storage to Millions of Homeowners
- Sunrun Reports Fourth Quarter and Full Year 2023 Financial Results
- Sunrun transferred with a Market Perform at Northland
- Options Volatility and Implied Earnings Moves Today, February 21, 2024
