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Analysts Offer Insights on Technology Companies: First Solar (FSLR), Chanjet Information Technology Co., Ltd. Class H (HK:1588) and Spectris (GB:SXS)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on First Solar (FSLRResearch Report), Chanjet Information Technology Co., Ltd. Class H (HK:1588Research Report) and Spectris (GB:SXSResearch Report) with bullish sentiments.

First Solar (FSLR)

In a report issued on April 5, Biju Perincheril from Susquehanna reiterated a Buy rating on First Solar, with a price target of $258.00. The company’s shares closed last Wednesday at $185.29.

Perincheril has an average return of 29.1% when recommending First Solar.

According to TipRanks.com, Perincheril is ranked #597 out of 8799 analysts.

Currently, the analyst consensus on First Solar is a Strong Buy with an average price target of $210.45, a 17.5% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $2.03 price target.

See the top stocks recommended by analysts >>

Chanjet Information Technology Co., Ltd. Class H (HK:1588)

In a report issued on April 9, Edison Lee from Jefferies maintained a Buy rating on Chanjet Information Technology Co., Ltd. Class H, with a price target of HK$9.51. The company’s shares closed yesterday at HK$3.43.

According to TipRanks.com, Lee ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.5% and a 39.1% success rate. Lee covers the Technology sector, focusing on stocks such as Yangtze Optical Fibre and Cable Joint Stock Co, Kingdee International Software Group Co, and VNET Group, Inc. Sponsored ADR.

Currently, the analyst consensus on Chanjet Information Technology Co., Ltd. Class H is a Moderate Buy with an average price target of HK$9.51.

Spectris (GB:SXS)

In a report released yesterday, Andrew Douglas from Jefferies maintained a Buy rating on Spectris, with a price target of p4435.00. The company’s shares closed last Thursday at p3235.00.

Douglas has an average return of 7.8% when recommending Spectris.

According to TipRanks.com, Douglas is ranked #1331 out of 8799 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Spectris with a p3791.00 average price target.

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