Trina Solar Limited (TSL) : 1 brokerage houses believe that Trina Solar Limited (TSL) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Trina Solar Limited (TSL). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 6 Wall Street Analysts endorse the stock as a Hold with a rating of 2.67.
Trina Solar Limited (TSL) : Currently there are 5 street experts covering Trina Solar Limited (TSL) stock. The most bullish and bearish price target for the stock is $15 and $8 respectively for the short term. The average price target of all the analysts comes to $10.66. The estimated standard deviation from the target is $2.94.
Company shares have received an average consensus rating of Hold for the current week Trina Solar Limited (NYSE:TSL): The stock opened at $10.61 on Thursday but the bulls could not build on the opening and the stock topped out at $10.63 for the day. The stock traded down to $10.45 during the day, due to lack of any buying support eventually closed down at $10.51 with a loss of -0.94% for the day. The stock had closed at $10.61 on the previous day. The total traded volume was 2,436,796 shares.
Trina Solar Limited is an integrated solar power products manufacturer and solar system developer. The Company develops, designs, constructs, operates and sells solar power projects that primarily use the solar modules it manufactures. The Company has two segments: manufacturing segment and solar power projects segment. The Companys manufacturing segment designs, develops, manufactures and sells photovoltaic (PV) modules and integrates the manufacturing of ingots, wafers and solar cells for use in its PV module production. The Companys solar power projects segment designs and constructs, in order to operate or sell, solar power projects in China, the United Kingdom, Japan, the Middle East and India. The Company produces standard monocrystalline PV modules ranging from between 210 watts and 215 watts to between 270 watts and 275 watts in power output and multicrystalline PV modules ranging from between 250 watts and 265 watts to between 300 watts to 315 watts in power output.