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How Does Canadian Solar Inc (CSIQ) Stock Rank on Wall Street Wednesday?

Wednesday, November 30, 2022 03:25 PM | InvestorsObserver Analysts

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How Does Canadian Solar Inc (CSIQ) Stock Rank on Wall Street Wednesday?

Analysts who follow Canadian Solar Inc (CSIQ) on average expect it to climb 33.82% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns CSIQ an Analyst Ranking of 29, which means it ranks higher than 29 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.8
Wall Street analysts are rating CSIQ a Buy today. Find out what this means to you and get the rest of the rankings on CSIQ!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Canadian Solar Inc Stock Today?

Canadian Solar Inc (CSIQ) stock is trading at $35.57 as of 3:14 PM on Wednesday, Nov 30, a rise of $1.75, or 5.17% from the previous closing price of $33.82. The stock has traded between $34.09 and $35.64 so far today. Volume today is low. So far 565,454 shares have traded compared to average volume of 1,015,700 shares. Click Here to get the full Stock Report for Canadian Solar Inc stock.

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