Canadian Solar Inc (NDAQ:CSIQ) Rating Reconfirmed

Out of 10 brokers covering Canadian Solar Inc., 10 rate it a Buy, 0 indicate a Hold while 0 suggest a Sell. The highest target is $45 and the lowest is $25.9 according to Thomson/First Call. The 12-month mean target is $31.63, which means upside potential of 164.46% over the current price.

Canadian Solar Inc (NDAQ:CSIQ) Profile

Canadian Solar Inc. is a solar power company. The Company is a provider of solar power products, services and system solutions with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia. Its segments include module segment, energy development segment and electricity generation segment.

Canadian Solar Inc (NDAQ:CSIQ) traded down -3.00% on 22 March, hitting $11.96. A total of 2.66 million shares of the company’s stock traded hands. This is up from average of 1.46 million shares. Canadian Solar Inc. has a 52 week low of $10.25 and a 52 week high of $20.05. The company has a market cap of $625.10 million and a P/E ratio of 4.92.

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