Breaking: What’s Trina Solar Limited (ADR) Upside After Today’s Huge Increase?

Breaking: What's Trina Solar Limited (ADR) Upside After Today's Huge Increase?

The stock of Trina Solar Limited (ADR) (NYSE:TSL) is a huge mover today! About 895,906 shares traded hands. Trina Solar Limited (ADR) (NYSE:TSL) has declined 1.91% since March 3, 2016 and is downtrending. It has underperformed by 10.26% the S&P500.
The move comes after 6 months positive chart setup for the $965.92M company. It was reported on Oct, 6 by Barchart.com. We have $15.26 PT which if reached, will make NYSE:TSL worth $453.98 million more.

Trina Solar Limited (ADR) (NYSE:TSL) Ratings Coverage

Out of 10 analysts covering Trina Solar Limited (NYSE:TSL), 4 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 40% are positive. Trina Solar Limited has been the topic of 15 analyst reports since August 19, 2015 according to StockzIntelligence Inc. TH Capital maintained Trina Solar Limited (ADR) (NYSE:TSL) rating on Wednesday, August 19. TH Capital has “Buy” rating and $15 price target. Roth Capital downgraded it to “Neutral” rating and $8 target price in Friday, June 3 report. Goldman Sachs downgraded Trina Solar Limited (ADR) (NYSE:TSL) on Monday, January 18 to “Neutral” rating. RBC Capital Markets maintained the shares of TSL in a report on Tuesday, November 24 with “Outperform” rating. Deutsche Bank downgraded the stock to “Hold” rating in Friday, May 27 report. Credit Suisse maintained Trina Solar Limited (ADR) (NYSE:TSL) on Friday, May 27 with “Neutral” rating. The firm earned “Overweight” rating on Wednesday, November 11 by Morgan Stanley. As per Wednesday, September 2, the company rating was upgraded by Vetr. The stock of Trina Solar Limited (ADR) (NYSE:TSL) earned “Hold” rating by Vetr on Friday, August 28. Axiom Capital initiated the shares of TSL in a report on Wednesday, August 26 with “Sell” rating.

According to Zacks Investment Research, “TRINA SOLAR LTD is currently one of the few private manufactures who has developed a vertically integrated business model from the production of monocrystalline ingots, wafers and cells to the assembly of high quality modules.They are led by an international management team from over 6 different countries with deep solar private industry experience.They has reached long term partnerships with leading technology suppliers in Switzerland, Italy and Germany, which provide the latest technology for Their production facilities in China. These partnerships are another quality guarantee for Their end customers and enable Them to work jointly towards a brighter future.”

More notable recent Trina Solar Limited (ADR) (NYSE:TSL) news were published by: Fool.com which released: “Trina Solar Limited (ADR) Buyout: More Than Meets the Eye?” on December 14, 2015, also Marketwatch.com with their article: “Trina Solar CFO Teresa Tan resigns, company names vice president Xu Ying …” published on December 19, 2009, Fool.com published: “Why Trina Solar Limited (ADR) Dropped 10% Today” on July 07, 2015. More interesting news about Trina Solar Limited (ADR) (NYSE:TSL) were released by: Fool.com and their article: “Trina Solar Limited (ADR) Earnings: Is Growth Back for Good?” published on May 19, 2014 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades” with publication date: October 06, 2016.

TSL Company Profile

Trina Solar Limited (Trina), incorporated on March 14, 2006, is an integrated solar power products maker and solar system developer based in China with a global distribution network covering Europe, Asia, North America, Australia and Africa. The Firm has integrated the manufacturing of ingots, wafers and solar cells for use in its photovoltaic (PV) module production. The Company’s PV modules provide electric power for residential, commercial, industrial and other applications. The Firm also develops, designs, constructs, operates and sells solar power projects that primarily use the solar modules the Company makes. The Firm operates through two divisions: manufacturing segment and the solar power projects segment. It build its PV modules to general specifications, as well as to its customers’ and end-users’ specifications. The Firm sells and markets its products across the world, including China and the United States. The Firm primarily sells its products to wholesalers, power plant developers and operators, and PV system integrators. The Firm conducts its activities through Changzhou Trina Solar Energy Co., Ltd. (Trina China) and other subsidiaries in the People’s Republic of China (PRC).

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