Analyst Activity – Stephens Initiates Coverage On Energy Recovery (NASDAQ:ERII) With a Overweight

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Analyst Ratings For Energy Recovery (NASDAQ:ERII)

Today, Stephens initiated coverage on Energy Recovery (NASDAQ:ERII) with a Overweight.

There are 5 buy ratings on the stock.

The current consensus rating on Energy Recovery (NASDAQ:ERII) is Buy (Score: 3.00) with a consensus target price of $20.00 per share, a potential 86.39% upside.

Some recent analyst ratings include

  • 1/11/2017-Stephens initiated coverage with a Overweight rating.
  • 12/19/2016-FBR & Co Reiterated Rating of Outperform.
  • 9/27/2016-Evercore ISI initiated coverage with a Buy rating.
  • 9/26/2016-Iberia Capital initiated coverage with a Outperform rating.
  • 9/13/2016-Jefferies Group Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 1/5/2016-GMP Securities Reiterated Rating of Buy.

Dividend information for Energy Recovery (NASDAQ:ERII)

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Recent Insider Trading Activity For Energy Recovery (NASDAQ:ERII)
Energy Recovery (NASDAQ:ERII) has insider ownership of 26.70% and institutional ownership of 28.51%.

  • On 11/8/2016 William Yeung, General Counsel Buy, 4,770 $10.10 with an average share price of $48,177.00 View SEC Filing   8/15/2016 per share and the total transaction amounting to Alexander J Buehler.
  • On 8/11/2016 Alexander J Buehler, Director Sell, 24,500 $13.05 with an average share price of $319,725.00 View SEC Filing   8/9/2016 per share and the total transaction amounting to Alexander J Buehler.
  • On 6/15/2016 Hans Peter Michelet, Director Sell, 150,000 $9.14 with an average share price of $1,371,000.00 View SEC Filing   6/6/2016 per share and the total transaction amounting to Chris M Gannon.
  • On 5/24/2016 Eric Siebert, VP Buy, 21,389 $9.51 with an average share price of $203,409.39 View SEC Filing   5/17/2016 per share and the total transaction amounting to Andrew B Stroud Jr.
  • On 4/20/2016 Arve Hanstveit, Director Sell, 50,000 $12.59 with an average share price of $629,500.00 View SEC Filing   3/21/2016 per share and the total transaction amounting to Arve Hanstveit.
  • On 3/11/2016 Robert Yu Lang Mao, Director Buy, 40,000 $9.45 with an average share price of $378,000.00 View SEC Filing   3/10/2016 per share and the total transaction amounting to Alexander J Buehler.

About Energy Recovery (NASDAQ:ERII)
Energy Recovery, Inc. is an energy solutions provider to industrial fluid flow markets. The Company’s solutions convert wasted pressure energy into a reusable asset and preserve or eliminate pumping technology in hostile processing environments. It operates through two segments: Water, and Oil & Gas. Its Water Segment focuses on products sold for use in reverse osmosis water desalination. Its Oil & Gas Segment consists of products sold for use in gas processing, chemical processing, and hydraulic fracturing. It offers energy recovery devices (ERDs) in the water desalination market with its pressure exchanger technology and turbochargers. It offers VorTeq hydraulic fracturing system (VorTeq), IsoBoost, and IsoGen product lines to the oil and gas market. Its solutions are marketed and sold in fluid flow markets, such as water, oil and gas, and chemical processing, under the trademarks ERI, PX, Pressure Exchanger, PX Pressure Exchanger, AT, AquaBold, VorTeq, IsoBoost, and IsoGen.

Recent Trading Activity for Energy Recovery (NASDAQ:ERII)
Shares of Energy Recovery closed the previous trading session at 10.86 up +0.13 1.21% with 193,078 shares trading hands.

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