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Vetr Inc. announced Canadian Solar Inc. (NASDAQ:CSIQ), boosting its stock price target to $14.50 today

Having a price of $13.74, Canadian Solar Inc. (NASDAQ:CSIQ) traded -2.69% lower on the day. With the last close down -13.53% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. CSIQ has recorded a 50-day moving average of $13.02 and a 200-day moving average of $15.89. 1,910,979 shares of CSIQ traded hands, down from an average trading volume of 2,262,810

In a statement issued on 10/3/2016 Vetr Inc. increased the target of Canadian Solar Inc. (NASDAQ:CSIQ) to $14.50 indicating a possible upside of 0.06%.

Recent Performance Chart

Canadian Solar Inc. (NASDAQ:CSIQ)

Canadian Solar Inc. has PE ratio of 5.21 with a one year low of $11.72 and a one year high of $29.83 and has a market capitalization of $0.

A total of 10 analysts have released a report on Canadian Solar Inc.. Four analysts rating the stock a strong buy, 6 brokerages rating the stock a buy, 0 brokers rating the stock a hold, 0 equity analysts rating the company a underperform, and finally zero firms rating the stock a sell with a consensus target price of $31.63.

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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