JinkoSolar Holding Company Limi found using ticker (JKS) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 66.1 and 11.68 calculating the average target price we see 50.98. Given that the stocks previous close was at 57.75 this now indicates there is a potential downside of -11.7%. The 50 day MA is 52.17 while the 200 day moving average is 49.07. The market cap for the company is $2,845m. You can visit the company’s website by visiting: https://www.jinkosolar.com
The potential market cap would be $2,511m based on the market concensus.
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.
