JA Solar Holdings Co. Ltd. (JASO) Receives Analyst Rating

JA Solar Holdings Co. Ltd. (JASO) : 1 analysts are covering JA Solar Holdings Co. Ltd. (JASO) and their average rating on the stock is 3, which is read as a Hold. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


Also, Equity Analysts at the Brokerage Firm, Credit Suisse, maintains their rating on the shares of JA Solar Holdings Co. Ltd. (NASDAQ:JASO). Credit Suisse has a Neutral rating on the shares. As per the latest report, the brokerage house maintains the price target to $9.69 per share. The rating by the firm was issued on August 18, 2016.

JA Solar Holdings Co. Ltd. (NASDAQ:JASO): The stock opened in the green at $6.05 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $6.05 and a low of $5.83 for the day. The stock did not find buyers even at the lows and closed at $5.96 recording a loss of -0.83%. 829,255 shares exchanged hands during the trading day. The stock had closed at $6.01 in the previous days trading.

JA Solar Holdings Co., Ltd. is a holding company. The Company designs, develops, manufactures and sells solar cell and module products that convert sunlight into electricity for a range of uses. The Company is engaged in manufacturing and sales of solar modules, as well as silicon wafer manufacturing. The Companys principal products consist of both monocrystalline and multicrystalline solar cells and solar modules. It sells its products mainly under JA Solar brand name, and also produces original equipment for manufacturers or customers, known as original equipment manufacturers (OEMs).The Company also provides engineering, procurement and construction (EPC) services. The Company sells solar cell and module products to module manufacturers, system integrators, project developers and distributors. The Companys subsidiaries include JA Development Co., Ltd., JA Solar Hong Kong Limited, JA Solar GmbH., JingAo Solar Co., Ltd. and Shanghai JA Solar Technology Co., Ltd., among others.

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