JinkoSolar Holding Company Limi which can be found using ticker (JKS) now have 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 86.89 and 14.88 suggesting an average Analsyt target price of $62.16. Now with the previous closing price of $45.82 this indicates there is a potential upside of 35.7%. The 50 day moving average now sits at $50.23 and the 200 moving average now moves to $53.04. The total market capitalization for the company now stands at $2,291m. Find out more information at: https://www.jinkosolar.com
The potential market cap would be $3,107m 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 23.6, revenue per share of 1687.42 and a 0.57% return on assets.
