Wall Street is positive on ReneSola Ltd. (SOL). On average, analysts give SOL a Buy rating. The average price target is $11.733, which means analysts expect the stock to add by 46.85% over the next twelve months.
That average ranking earns SOL an Analyst Rating of 29, which is better than 29% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating SOL a Buy today. Find out what this means to you and get the rest of the rankings on SOL!
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.
InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What's Happening With ReneSola Ltd. Stock Today?
ReneSola Ltd. (SOL) stock is higher by 0.76% while the S&P 500 has fallen -0.03% as of 12:52 PM on Thursday, Oct 21. SOL is up $0.06 from the previous closing price of $7.93 on volume of 1,518,576 shares. Over the past year the S&P 500 has risen 31.99% while SOL is up 119.51%. SOL earned $0.19 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 41.97.
Click Here to get the full Stock Report for ReneSola Ltd. stock.
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