Axiom Securities upgraded Trina Solar Limited (ADR) (NYSE:TSL) to Buy in a report released today.
- Updated: October 8, 2016
Axiom Securities has upgraded Trina Solar Limited (ADR) (NYSE:TSL) to Buy in a statement released on 10/6/2016.
On 06/03/2016, Roth Capital released a statement about Trina Solar Limited (ADR) (NYSE:TSL) dropped the target price from $12.00 to $8.00. At the time, this indicated a possible upside of 0.10%.
Just yesterday Trina Solar Limited (ADR) (NYSE:TSL) traded -0.39% lower at $10.26. Trina Solar Limited (ADR)’s 50-day moving average is $10.42 and its 200-day moving average is $9.28. The last stock close price is up 11.41% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 1,180,455 shares of TSL changing hands under the typical 1,946,650
Recent Performance Chart
Trina Solar Limited (ADR) has PE ratio of 12.00 with a one year low of $6.91 and a one year high of $11.35 and has a market capitalization of $0.
A total of 9 analysts have released a research note on TSL. 2 firms rating the stock a strong buy, 3 brokers rating the stock a buy, four equity analysts rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokers rating the stock a sell with a average stock price target of $10.32.
General Information About Trina Solar Limited (ADR) (NYSE:TSL)
Trina Solar Limited is an integrated solar power products manufacturer and solar system developer based in China with a global distribution network. The Company has integrated the manufacturing of ingots, wafers and solar cells for use in its photovoltaic (PV) module production. Its PV modules provide electric power for residential, commercial, industrial and other applications. It also develops, designs, constructs, operates and sells solar power projects that primarily use the solar modules it manufactures. It operates through two segments: manufacturing segment and the solar power projects segment. The manufacturing segment designs, develops, manufactures and sells PV modules, and integrates the manufacturing of ingots, wafers and solar cells for use in its PV module production. The solar power projects segment designs, constructs, operates and sells solar power projects in China, the United Kingdom, the United States and other European and Asian countries.
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