Trina Solar Limited (TSL) : 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 5 Wall Street Analysts endorse the stock as a Hold with a rating of 3.
Trina Solar Limited (TSL) : 4 investment research analysts covering Trina Solar Limited (TSL) have an average price target of $10.55 for the near short term. The highest target price given by the Brokerage Firm to the stock is $12 and the lowest target is $9 for the short term. Analysts expect the variance to be within $1.28 of the average price.
Also, Major Brokerage house, Credit Suisse maintains its ratings on Trina Solar Limited (NYSE:TSL). In the latest research report, Credit Suisse maintains the target price to $11.6 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on August 18, 2016.
Trina Solar Limited (NYSE:TSL): After opening at $10.49, the stock dipped to an intraday low of $10.46 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $10.5 and the buying power remained strong till the end. The stock closed at $10.47 for the day, a gain of 0.10% for the day session. The total traded volume was 674,610. The stocks close on the previous trading day was $10.46.
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.