DAQO New Energy Corp. – Consensus Indicates Potential 46.9% Upside

Broker Ratings
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DAQO New Energy Corp. found using ticker (DQ) have now 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 137 and 25.25 calculating the mean target price we have 79.26. With the stocks previous close at 53.97 this indicates there is a potential upside of 46.9%. There is a 50 day moving average of 47.03 and the 200 day MA is 50.21. The company has a market cap of $4,354m. You can visit the company’s website by visiting: https://www.dqsolar.com

The potential market cap would be $6,395m 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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