JinkoSolar Holding Company Limi which can be found using ticker (JKS) have now 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 86.89 and 14.88 calculating the average target price we see $62.46. Given that the stocks previous close was at $47.00 this is indicating there is a potential upside of 32.9%. Also worth taking note is the 50 day moving average now sits at $49.87 while the 200 day moving average is $52.63. The company has a market capitalization of $2,394m. Find out more information at: https://www.jinkosolar.com
The potential market cap would be $3,181m 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 12.82, revenue per share of 1830.12 and a 1.2% return on assets.
