Were Analysts Bearish JinkoSolar Holding Co., Ltd. (NYSE:JKS) This Week?

Out of 4 analysts covering JinkoSolar Holding (NYSE:JKS), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. $46 is the highest target while $35 is the lowest. The $39 average target is 147.31% above today’s ($15.77) stock price. JinkoSolar Holding has been the topic of 6 analyst reports since November 20, 2015 according to StockzIntelligence Inc. Roth Capital downgraded the stock on August 5 to “Neutral” rating. Below is a list of JinkoSolar Holding Co., Ltd. (NYSE:JKS) latest ratings and price target changes.

05/08/2016 Broker: Roth Capital Old Rating: Buy New Rating: Neutral Downgrade

The stock increased 1.81% or $0.28 during the last trading session, hitting $15.77. About 715 shares traded hands. JinkoSolar Holding Co., Ltd. (NYSE:JKS) has declined 30.95% since February 25, 2016 and is downtrending. It has underperformed by 42.21% the S&P500.

JinkoSolar Holding Co., Ltd. operates in the photovoltaic industry. The company has a market cap of $509.84 million. The Firm has built a vertically integrated solar power product value chain, from recovering silicon materials to manufacturing solar modules and solar power generation. It has a 3.14 P/E ratio. The Company’s divisions include the manufacturing segment and the solar power projects segment.

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