JinkoSolar Holding Company Limi with ticker code (JKS) now have 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 86.89 and 14.88 with the average target price sitting at $62.16. Now with the previous closing price of $50.29 this indicates there is a potential upside of 23.6%. Also worth taking note is the 50 day moving average now sits at $51.45 and the 200 day MA is $54.07. The company has a market cap of $2,437m. You can visit the company’s website by visiting: https://www.jinkosolar.com
The potential market cap would be $3,012m based on the market consensus.
JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; and develops commercial solar power projects. The company sells its products to distributors, project developers, system integrators, and manufacturers of solar power products under the JinkoSolar brand. As of March 31, 2022, it had an integrated annual capacity of 40 gigawatts (GW) for mono wafers; 40.0 GW for solar cells; and 50.0 GW for solar modules. The company has operations in the People’s Republic of China, the United States, Mexico, Australia, Japan, United Arab Emirates, Turkey, Jordan, Vietnam, Egypt, Spain, and Germany. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the People’s Republic of China.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 25.5, revenue per share of 1687.42 and a 0.57% return on assets.
