JinkoSolar Holding Company Limi found using ticker (JKS) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 75 and 11.68 with the average target price sitting at 51.11. With the stocks previous close at 56.61 this is indicating there is a potential downside of -9.7%. The 50 day moving average now sits at 48.69 and the 200 moving average now moves to 49.58. The market cap for the company is $2,653m. Visit the company website at: https://www.jinkosolar.com
The potential market cap would be $2,395m 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, and system integrators; and utility, commercial, and residential customers under the JinkoSolar brand, as well as on an original equipment manufacturer basis. As of December 31, 2020, it had an integrated annual capacity of 22 gigawatt (GW) for mono wafers; 11 GW for solar cells; and 31 GW for solar modules. The company has operations in the People’s Republic of China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and internationally. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the People’s Republic of China.
