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Goldman Sachs Group Inc recorded Vivint Solar Inc (NYSE:VSLR), stepping up its target to $6.00 earlier today

Goldman Sachs Group Inc bumped up the target of Vivint Solar Inc (NYSE:VSLR) to $6.00 indicating a possible upside of 0.15%.

Previously on 6/20/2017, Goldman Sachs Group Inc. The reported on Vivint Solar Inc (NYSE:VSLR) increased the target price from $3.50 to $6.00. At the time, this indicated a possible upside of 0.17%.

Yesterday Vivint Solar Inc (NYSE:VSLR) traded -4.65% lower at $5.20. The company’s 50-day moving average is $4.81 and its 200-day moving average is $3.95. The last closing price is up 3.89% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same period. Trade Volume was up over the average, with 1,409,482 shares of VSLR changing hands over the typical 664,767

Recent Performance Chart

Vivint Solar Inc (NYSE:VSLR)

Vivint Solar Inc has PE ratio of 8.61 with a one year low of $2.50 and a one year high of $6.09 and has a market capitalization of $0.

Also covering Vivint Solar Inc's price target, a total of 5 analysts have released a report on the stock. The consensus target price is $4.95 with 1 firm rating the stock a strong buy, 1 broker rating the stock a buy, 1 broker rating the stock a hold, 2 brokers rating the stock a underperform, and lastly zero brokerages rating the company a sell.

General Company Details For Vivint Solar Inc (NYSE:VSLR)

Vivint Solar, Inc. offers distributed solar energy, electricity generated by a solar energy system installed at or near customers' locations, to residential customers. Through investment funds, the Company owns solar energy systems it installs and provides solar electricity pursuant to long-term contracts with its customers. The Company also sells solar energy systems outright to customers. The Company deploys its direct-to-home sales force to provide in-person professional consultations to prospective customers to evaluate the feasibility of installing a solar energy system at their residence. The Company's systems use communication gateways and monitoring services to collect performance data. The Company operates in Arizona, California, Connecticut, Florida, Hawaii, Maryland, Massachusetts, New Jersey, New Mexico, New York, Pennsylvania, South Carolina, Texas and Utah. The Company purchases solar panels directly from multiple manufacturers.

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