DAQO New Energy Corp. – Consensus Indicates Potential 12.7% Upside

Broker Ratings
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DAQO New Energy Corp. with ticker code (DQ) have now 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 137 and 25.25 calculating the average target price we see 80.41. Now with the previous closing price of 71.38 this indicates there is a potential upside of 12.7%. There is a 50 day moving average of 51.48 and the 200 day MA is 50.49. The market capitalisation for the company is $5,267m. You can visit the company’s website by visiting: https://www.dqsolar.com

The potential market cap would be $5,933m based on the market concensus.

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People’s Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the People’s Republic of China.

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