In a report released today, Luke Lemoine from Piper Sandler maintained a Hold rating on Smart Sand (SND – Research Report), with a price target of $2.75. The company’s shares closed last Friday at $2.21.
Lemoine covers the Energy sector, focusing on stocks such as Solaris Oilfield Infrastructure, Helix Energy, and Schlumberger. According to TipRanks, Lemoine has an average return of 9.6% and a 66.17% success rate on recommended stocks.
Smart Sand has an analyst consensus of Hold, with a price target consensus of $2.88, representing a 30.32% upside. In a report released on May 15, Stifel Nicolaus also maintained a Hold rating on the stock with a $3.00 price target.
SND market cap is currently $94.09M and has a P/E ratio of 10.48.
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Smart Sand (SND) Company Description:
Smart Sand, Inc. owns and operates a raw frac sand mine and related processing facility near Oakdale, Wisconsin. It supplies industrial sand to the oil and gas industry. The company was founded in July 2011 and is headquartered in The Woodlands, TX.
