Canadian Solar Inc. (NASDAQ:CSIQ) target bumped up to $14.54, reported today by Vetr Inc.
- Updated: October 13, 2016
Boasting a price of $15.09, Canadian Solar Inc. (NASDAQ:CSIQ) traded 2.58% higher on the day. The last stock close price is down -3.12% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day average of $13.34 and a two hundred day average of $15.58. 2,079,547 shares of the stock traded hands, down from an average trading volume of 2,278,890
Canadian Solar Inc. (NASDAQ:CSIQ) had its stock price target increased to $14.54 by Vetr Inc. in an issued report issued 10/13/2016. The updated target price indicates a possible downside of -0.04% based on the company's most recent stock price close.
On Tuesday October 04, 2016, Vetr Inc. released a statement for Canadian Solar Inc. (NASDAQ:CSIQ) bumped up the target price from $0.00 to $14.92 that suggested an upside of 0.07%.
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Canadian Solar Inc. has a 52 week low of $11.72 and a 52 week high of $29.83 with a P/E ratio of 5.72 The company’s market cap is currently $0.
In addition to Vetr Inc. reporting its stock price target, a total of 10 brokers have issued a research note on the company. The average stock price target is $31.63 with 4 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Canadian Solar Inc. (NASDAQ:CSIQ)
Canadian Solar Inc. is a solar power company. The Company is a provider of solar power products, services and system solutions with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia. Its segments include module segment, energy development segment and electricity generation segment. It designs, develops and manufactures solar wafers, solar cells and solar power products. The module segment primarily involves the design, development, manufacturing and sale of a range of solar power products, including standard solar modules and specialty solar products, and solar system kits. Its energy development segment consists of solar power project development, engineering, procurement and construction services, and operation and maintenance services. Its electricity generation segment consists of holding solar power projects for the purpose of generating income from the sale of electricity to the local or national grid or other power purchasers.
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