Shares of Sunrun Inc (NASDAQ:RUN) have earned an average recommendation of “Buy” from the eleven brokerages that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating and ten have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $9.93.
A number of brokerages have recently weighed in on RUN. ValuEngine downgraded Sunrun from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Roth Capital began coverage on Sunrun in a report on Thursday, March 1st. They set a “buy” rating and a $10.00 price target on the stock. Zacks Investment Research upgraded Sunrun from a “hold” rating to a “buy” rating and set a $6.75 price target on the stock in a report on Thursday, January 4th. Deutsche Bank set a $10.00 price target on Sunrun and gave the company a “buy” rating in a report on Monday, January 22nd. Finally, BidaskClub upgraded Sunrun from a “sell” rating to a “hold” rating in a report on Saturday, February 17th.
Shares of Sunrun (NASDAQ:RUN) traded up $0.04 during mid-day trading on Wednesday, hitting $7.19. The stock had a trading volume of 1,220,462 shares, compared to its average volume of 1,708,765. Sunrun has a twelve month low of $4.21 and a twelve month high of $7.78. The company has a quick ratio of 1.01, a current ratio of 1.29 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $770.47 and a P/E ratio of 4.99.
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Sunrun Inc is engaged in the design, development, installation, sale, ownership and maintenance of residential solar energy systems (Projects) in the United States. The Company is engaged in providing solar energy services and products to its customers. As of December 31, 2016, it operated a fleet of residential solar energy systems in the United States, with approximately 134,000 customers across 16 states, as well as the District of Columbia.
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