JinkoSolar Holding Company Limi with ticker code (JKS) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 73.49 and 11.68 calculating the average target price we see 52.03. Now with the previous closing price of 57.53 this would imply there is a potential downside of -9.6%. The day 50 moving average is 55 and the 200 moving average now moves to 50.24. The company has a market cap of $2,787m. You can visit the company’s website by visiting: https://www.jinkosolar.com
The potential market cap would be $2,521m 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.
