Canadian Solar Inc. (Symbol: CSIQ) shares recently traded at $41.61, surpassing the average 12-month analyst target price of $39.54. The stock’s movement has spurred discussions among analysts on whether to downgrade their valuations or raise the target price, given the current business developments affecting the company.
Among the six analysts covering CSIQ, target prices range considerably, from a low of $12.22 to a high of $57.00, with a standard deviation of $16.379. Currently, there are 2 strong buy ratings, 2 hold ratings, and 1 strong sell rating, reflecting an average rating of 2.6 on a scale where 1 indicates a strong buy and 5 a strong sell.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
