DAQO New Energy Corp. – Consensus Indicates Potential 44.5% Upside

Broker Ratings
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DAQO New Energy Corp. found using ticker (DQ) have now 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 102 and 34.75 and has a mean target at 62.65. Now with the previous closing price of 43.37 this is indicating there is a potential upside of 44.5%. There is a 50 day moving average of 43.85 and the 200 day MA is 53.73. The company has a market cap of $3,157m. Company Website: https://www.dqsolar.com

The potential market cap would be $4,560m 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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