Where Does Wall Street Think JinkoSolar Holding Co., Ltd (JKS) Stock Will Go?

InvestorsObserver is giving JinkoSolar Holding Co., Ltd (JKS) an Analyst Rating Rank of 30, meaning JKS is ranked higher by analysts than 30% of stocks. The average price target for JKS is $65.745 and analyst’s rate the stock as a Buy.

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

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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 JinkoSolar Holding Co., Ltd Stock Today?

JinkoSolar Holding Co., Ltd (JKS) stock has risen 3.1% while the S&P 500 is down -1.87% as of 10:40 AM on Thursday, Jun 30. JKS has gained $1.99 from the previous closing price of $64.27 on volume of 485,339 shares. Over the past year the S&P 500 is down -12.80% while JKS has gained 18.28%. JKS earned $1.56 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 42.58. Click Here to get the full Stock Report for JinkoSolar Holding Co., Ltd stock.