Analysts are on the Bearish side about Sky Solar Holdings Ltd (ADR) (NASDAQ:SKYS) this week.

September 20, 2017 - By Kurt Siggers

 Analysts are on the Bearish side about Sky Solar Holdings Ltd (ADR) (NASDAQ:SKYS) this week.

Sky Solar Holdings Ltd (ADR) (NASDAQ:SKYS) Ratings Coverage

Among 3 analysts covering Sky Solar Holdings (NASDAQ:SKYS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Sky Solar Holdings had 6 analyst reports since August 31, 2015 according to SRatingsIntel. Roth Capital downgraded the stock to “Hold” rating in Friday, June 16 report. The stock of Sky Solar Holdings Ltd (ADR) (NASDAQ:SKYS) has “Outperform” rating given on Wednesday, September 9 by Oppenheimer. As per Monday, August 31, the company rating was maintained by Roth Capital. The rating was maintained by TH Capital with “Buy” on Wednesday, November 25. The stock has “Buy” rating by Roth Capital on Wednesday, November 25. The stock of Sky Solar Holdings Ltd (ADR) (NASDAQ:SKYS) has “Buy” rating given on Monday, September 21 by Roth Capital. Below is a list of Sky Solar Holdings Ltd (ADR) (NASDAQ:SKYS) latest ratings and price target changes.

16/06/2017 Broker: Roth Capital Rating: Hold New Target: $1.3000 Downgrade

It closed at $1.4 lastly. It is down 33.79% since September 20, 2016 and is downtrending. It has underperformed by 50.49% the S&P500.

Sky Solar Holdings, Ltd. is an investment holding company. The company has market cap of $73.42 million. The Firm is an independent power producer engaged in developing, owning and operating solar parks. It has a 14.09 P/E ratio. The Firm focuses on the downstream solar market and develops projects primarily in Asia, South America, Europe and North America.

More notable recent Sky Solar Holdings Ltd (ADR) (NASDAQ:SKYS) news were published by: Globenewswire.com which released: “Sky Solar Announces Results of Investigation into Conduct of Former CEO and …” on September 19, 2017, also Fool.com with their article: “Why Shares of Sky Solar Holding Ltd Plunged in March and Popped in April” published on April 07, 2016, Prnewswire.com published: “Sky Solar Holdings Ltd (SKYS) Investigated For Securities Fraud By Block …” on June 15, 2017. More interesting news about Sky Solar Holdings Ltd (ADR) (NASDAQ:SKYS) were released by: Globenewswire.com and their article: “IMPORTANT SKY SOLAR HOLDINGS, LTD. INVESTOR ALERT: Wolf Haldenstein Adler …” published on June 21, 2017 as well as Globenewswire.com‘s news article titled: “Sky Solar Holdings, Ltd. Announces the Call of an Extraordinary Shareholders …” with publication date: June 06, 2017.

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