Published On: Wed, Oct 19th, 2016

InfraREIT, Inc. (NYSE:HIFR) Latest Broker Views


A number of investment brokers have recently updated their price targets on shares of InfraREIT, Inc. (NYSE:HIFR).

Most recent broker ratings

03/11/2016 – InfraREIT, Inc. was downgraded to “neutral” by analysts at Macquarie.

03/07/2016 – InfraREIT, Inc. had its “buy” rating reiterated by analysts at Evercore ISI. They now have a USD 22 price target on the stock.

03/04/2016 – InfraREIT, Inc. had its “peer perform” rating reiterated by analysts at Wolfe Research.

01/07/2016 – InfraREIT, Inc. had its “buy” rating reiterated by analysts at Citigroup. They now have a USD 28 price target on the stock.

07/02/2015 – InfraREIT, Inc. had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 34 price target on the stock.

02/24/2015 – Bank of America Merrill Lynch began new coverage on InfraREIT, Inc. giving the company a “buy” rating.

02/24/2015 – Wells Fargo began new coverage on InfraREIT, Inc. giving the company a “outperform” rating.

The share price of InfraREIT, Inc. (NYSE:HIFR) was up +1.66% during the last day of trading, with a day high of 17.36. 214282 shares were traded during the last session.

The stock’s 50 day moving average is 18.17 and its 200 day moving average is 17.46. The stock’s market capitalization is 752.30M. InfraREIT, Inc. has a 52-week low of 13.61 and a 52-week high of 25.07.

InfraREIT, Inc. is a real estate investment trust. The Company owns electric transmission and distribution (T&D) assets in Texas. Its segment is rate-regulated electric T&D assets. The Company’s T&D assets are located in the Texas Panhandle near Amarillo; the Permian Basin in and around Stanton, Central Texas; around Brady, Northeast Texas; in and around Celeste, and South Texas near McAllen. Its assets include competitive renewable energy zones (CREZ) assets, which include approximately 300 miles of 350 kilovolts (kV) transmission lines and designated collection stations; S/B/C assets, which include approximately 12,300 miles of overhead distribution lines and underground distribution lines, transmission lines and substations; McAllen assets; Stanton Transmission Loop assets, which include approximately 350 miles of 140 kV transmission lines and connected substations, and Electric Reliability Council of Texas (ERCOT) Transmission assets. It is managed by Hunt Utility Services, LLC.