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.
Trina Solar Limited (TSL) : The consensus on Trina Solar Limited (TSL) based on 5 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Also, Equity Analysts at the Credit Suisse maintains the rating on Trina Solar Limited (NYSE:TSL). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency maintains the price target to $11.6 per share. The rating by the firm was issued on August 18, 2016.
Trina Solar Limited (NYSE:TSL): The stock opened at $10.52 on Thursday but the bulls could not build on the opening and the stock topped out at $10.59 for the day. The stock traded down to $10.48 during the day, due to lack of any buying support eventually closed down at $10.49 with a loss of -0.19% for the day. The stock had closed at $10.51 on the previous day. The total traded volume was 1,347,123 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.