RBC Capital Initiates Coverage on Hannon Armstrong Sustnbl Infrstr Cap (HASI)
Equities researchers at RBC Capital assumed coverage on shares of Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) in a research report issued on Friday, TheFlyOnTheWall.com reports. The firm set a “sector perform” rating and a $13.00 price target on the stock. RBC Capital’s price objective would indicate a potential upside of 8.51% from the stock’s previous close.
Shares of Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) traded up 1.35% during mid-day trading on Friday, hitting $11.98. 76,860 shares of the company’s stock traded hands. Hannon Armstrong Sustnbl Infrstr Cap has a 52-week low of $9.15 and a 52-week high of $12.51. The stock has a 50-day moving average of $11.72 and a 200-day moving average of $11.71. The company’s market cap is $189.2 million.
Hannon Armstrong Sustainable Infrastructure Capital, Inc is a specialty finance company that provides debt and equity financing for infrastructure projects.
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