Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs initiated coverage on shares of JinkoSolar Holding Co. in a research note on Friday, March 7th. They set a neutral rating on the stock. Separately, analysts at TheStreet upgraded shares of JinkoSolar Holding Co. from a sell rating to a hold rating in a research note on Wednesday, March 5th. Finally, analysts at Jefferies Group raised their price target on shares of JinkoSolar Holding Co. from $45.60 to $49.20 in a research note on Tuesday, March 4th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of $42.28. JinkoSolar Holding Co., Ltd. (NYSE:JKS) stock opened at $33.17 in last session, and closed at $31.43, while the day range of JKS stock is $30.76-$33.28. The stock showed a negative weekly performance of -14.17%.
Austin Energy is all set to sign its 25-year power purchase agreement with Sunedison Inc (NYSE:SUNE) for 150 MW of solar-power which is at “just below” 5 cents/ kilowatt-hour. This power will come from 2 West Texas solar-facilities, as per the reports that featured in the Austin American-Statesman. As per these reports, approximately30 proposals were all at the prices near Sunedison Inc (NYSE:SUNE)’s. Austin Energy has now suggested that this PV deal will lower the rates a little for the customers. This is 1 of the lowest, if not necessarily the lowest, reported the prices for the contracted solar that they recently seen. Sunedison Inc (NYSE:SUNE) stock opened at $20.53, in last session and closed at $19.73, by loosed -3.14%. The 52 week range was $3.95-$21.93. Company’s market capitalization is $5.27 billion.
The Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) On Mar. 10 said its largest supply agreement to date in Israel and the Middle East, under which the Company will deliver 27.5 MW of multicrystalline PV modules between Feb. and Apr. of 2014. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) stock loosed -0.17% and finished the last session at $5.77. The EPS of the stock remained -2.51.Company’s market capitalization is $903.50 million.
The JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) On Mar. 3 announced that it will supply 7.8MW of its high-efficiency full square mono solar modules to British Solar Renewables, a U.K.-based developer of large-scale renewable projects, for use on a 7.8MW solar farm in the south-western United Kingdom. Shipments of the JAM6R 270W P-Type modules in a 60-cell format are expected to be completed during the first quarter of 2014. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) stock opened the session at $10.71, and closed the session at $10.55. The 52 week range of the JASO stock remained $3.37-$12.80 and the day range was $10.21-$11.03.
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