B. Riley Boosts Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) Price Target to $41.00

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASIGet Free Report) had its price target upped by investment analysts at B. Riley from $36.00 to $41.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has a “buy” rating on the real estate investment trust’s stock. B. Riley’s price objective would indicate a potential upside of 74.62% from the stock’s previous close.

A number of other equities research analysts have also issued reports on the stock. TheStreet lowered shares of Hannon Armstrong Sustainable Infrastructure Capital from a “c-” rating to a “d+” rating in a report on Wednesday, November 1st. BNP Paribas assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Friday, October 20th. They issued an “outperform” rating and a $29.00 target price on the stock. Mizuho raised their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $31.00 and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Robert W. Baird decreased their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $44.00 to $28.00 in a research report on Tuesday, October 10th. Finally, The Goldman Sachs Group began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Tuesday, November 28th. They set a “neutral” rating and a $26.00 price target for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and an average price target of $33.00.

View Our Latest Stock Report on HASI

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 2.8 %

Shares of NYSE:HASI opened at $23.48 on Monday. The company has a 50 day moving average of $25.54 and a 200-day moving average of $22.89. The firm has a market cap of $2.61 billion, a P/E ratio of 61.79, a P/E/G ratio of 1.05 and a beta of 1.88. Hannon Armstrong Sustainable Infrastructure Capital has a twelve month low of $13.22 and a twelve month high of $36.86. The company has a current ratio of 19.73, a quick ratio of 19.73 and a debt-to-equity ratio of 1.74.

Institutional Investors Weigh In On Hannon Armstrong Sustainable Infrastructure Capital

Several institutional investors have recently modified their holdings of the business. Sei Investments Co. grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 191.6% during the second quarter. Sei Investments Co. now owns 336,872 shares of the real estate investment trust’s stock valued at $8,424,000 after purchasing an additional 221,348 shares during the period. Raymond James & Associates grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 34.3% during the second quarter. Raymond James & Associates now owns 177,052 shares of the real estate investment trust’s stock valued at $4,426,000 after purchasing an additional 45,230 shares during the period. Yousif Capital Management LLC acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital during the third quarter valued at approximately $1,123,000. Bank of New York Mellon Corp grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 146.3% during the third quarter. Bank of New York Mellon Corp now owns 1,016,525 shares of the real estate investment trust’s stock valued at $21,550,000 after purchasing an additional 603,743 shares during the period. Finally, Aristotle Capital Boston LLC grew its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 328.9% during the second quarter. Aristotle Capital Boston LLC now owns 1,377,626 shares of the real estate investment trust’s stock valued at $34,441,000 after purchasing an additional 1,056,439 shares during the period. Institutional investors and hedge funds own 85.96% of the company’s stock.

About Hannon Armstrong Sustainable Infrastructure Capital

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Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include building or facility that reduce energy usage or cost through the use of solar generation and energy storage or energy efficiency improvements, including heating, ventilation, and air conditioning systems (HVAC), as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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Analyst Recommendations for Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)

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