Equity Research Analysts at Jefferies Reconfirmed their “Hold” rating for Layne Christensen Company (LAYN). The Target Price per Share is Set to $9.0000; SolarCity (SCTY) Had 9 Bulls

June 9, 2017 - By Michael Collier

Among 2 analysts covering Layne Christensen (NASDAQ:LAYN), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Layne Christensen has $9 highest and $8 lowest target. $8’s average target is -9.60% below currents $8.85 stock price. Layne Christensen had 4 analyst reports since August 18, 2015 according to SRatingsIntel. The stock has “Buy” rating by Zacks on Tuesday, August 18. The firm has “Buy” rating given on Friday, February 19 by Maxim Group. DA Davidson maintained it with “Neutral” rating and $8 target in Monday, March 7 report.

Among 19 analysts covering SolarCity (NASDAQ:SCTY), 9 have Buy rating, 2 Sell and 8 Hold. Therefore 47% are positive. SolarCity had 42 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Neutral” rating by UBS given on Wednesday, October 7. Barclays Capital downgraded the stock to “Equal Weight” rating in Thursday, February 11 report. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, June 23. Stifel Nicolaus initiated the stock with “Buy” rating in Thursday, September 24 report. The firm earned “Market Perform” rating on Tuesday, August 2 by Raymond James. The stock of SolarCity Corp (NASDAQ:SCTY) has “Overweight” rating given on Monday, December 21 by Morgan Stanley. The stock has “Outperform” rating by Robert W. Baird on Thursday, June 9. The firm has “Buy” rating by TH Capital given on Monday, October 26. The firm has “Sell” rating given on Wednesday, November 16 by Axiom Capital. TH Capital maintained SolarCity Corp (NASDAQ:SCTY) on Sunday, November 1 with “Buy” rating. See SolarCity Corp (NASDAQ:SCTY) latest ratings:

Layne Christensen Company is a water management, construction and drilling company. The company has market cap of $183.74 million. The Firm provides drilling solutions for water management, mineral services and specialty drilling needs. It currently has negative earnings. The Firm operates through three divisions: Water Resources, Inliner and Mineral Services.

The stock increased 16.60% or $1.26 during the last trading session, reaching $8.85. About 413,095 shares traded or 380.73% up from the average. Layne Christensen Company (NASDAQ:LAYN) has declined 11.47% since June 9, 2016 and is downtrending. It has underperformed by 28.17% the S&P500.

Investors sentiment increased to 1.13 in Q4 2016. Its up 0.10, from 1.03 in 2016Q3. It improved, as 4 investors sold Layne Christensen Company shares while 28 reduced holdings. 16 funds opened positions while 20 raised stakes. 18.07 million shares or 2.42% less from 18.52 million shares in 2016Q3 were reported. Parametric Portfolio Assoc Lc invested in 50,850 shares. Rutabaga Mgmt Llc Ma has invested 2.74% in Layne Christensen Company (NASDAQ:LAYN). Trexquant Inv Limited Partnership invested 0.03% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Moreover, First Trust Advsrs Lp has 0.01% invested in Layne Christensen Company (NASDAQ:LAYN) for 272,816 shares. Condor Capital Mgmt reported 20,605 shares stake. Amer Group holds 0% in Layne Christensen Company (NASDAQ:LAYN) or 10,413 shares. Kanaly Tru Com invested in 0.03% or 12,500 shares. Green Square Ltd holds 0.84% or 385,900 shares in its portfolio. Credit Suisse Ag reported 705,354 shares. Invesco has invested 0% in Layne Christensen Company (NASDAQ:LAYN). 1,090 are held by Motco. Blackrock Incorporated holds 1,012 shares or 0% of its portfolio. Sei Invests has 0% invested in Layne Christensen Company (NASDAQ:LAYN). Wynnefield owns 1.80 million shares for 7.06% of their portfolio. Gabelli Funds reported 518,500 shares.

SolarCity Corporation is a United States solar provider. The company has market cap of $2.04 billion. The Firm is primarily engaged in the design, manufacture, installation and sale or lease of solar energy systems to residential and commercial customers, or sale of electricity generated by solar energy systems to customers. It currently has negative earnings. It operates through solar energy services and products segment.

It closed at $20.34 lastly. It is down 0.00% since June 9, 2016 and is . It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 0 in 2016 Q4. Its down 0.96, from 0.96 in 2016Q3. It turned negative, as 151 investors sold SolarCity Corp shares while 1 reduced holdings. 0 funds opened positions while 0 raised stakes. 28,563 shares or 99.92% less from 37.07 million shares in 2016Q3 were reported. Fort Washington Inv Advisors Oh holds 0.01% of its portfolio in SolarCity Corp (NASDAQ:SCTY) for 28,063 shares. Fifth Third Bank & Trust holds 500 shares.