Goldman Sachs analyst Brian K. Lee maintained a Sell rating on JinkoSolar (JKS – Research Report) yesterday. The company’s shares closed last Friday at $49.61.
K. Lee covers the Technology sector, focusing on stocks such as Wolfspeed, Enphase Energy, and First Solar. According to TipRanks, K. Lee has an average return of 10.0% and a 50.39% success rate on recommended stocks.
JinkoSolar has an analyst consensus of Hold, with a price target consensus of $77.00.
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JKS market cap is currently $2.5B and has a P/E ratio of 27.98.
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JinkoSolar Holding Co., Ltd. engages in the design, development, production and marketing of photovoltaic products, and solar system integration services. It focuses on vertically integrated solar power products manufacturing business from silicon ingots, wafers, and cells to solar modules. The company was founded by Xiande Li, Kangping Chen, and Xianhua Li on August 3, 2007 and is headquartered in Shangrao, China.
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