Renesola Ltd. American Depsitar found using ticker (SOL) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 12 and 8 with the average target price sitting at 9.75. Given that the stocks previous close was at 4.93 this now indicates there is a potential upside of 97.8%. The 50 day MA is 4.8 and the 200 day MA is 5.3. The company has a market cap of $319m. Find out more information at: https://www.renesolapower.com
The potential market cap would be $631m based on the market concensus.
ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells project rights. In addition, its engineering, procurement, and construction business provides engineering design, procurement of solar modules, balance-of-system components and other components, and construction contracting and management services. Further, the company generates and sells electricity. As of December 31, 2021, it operated approximately 100 solar power projects with an aggregate capacity of 180 megawatts. ReneSola Ltd was founded in 2005 and is headquartered in Stamford, Connecticut.
