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!
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.
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