JinkoSolar Holding Company Limi – Consensus Indicates Potential -3.9% Downside

Broker Ratings

JinkoSolar Holding Company Limi found using ticker (JKS) now have 10 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 65 and 10.39 calculating the average target price we see 38.73. Given that the stocks previous close was at 40.31 this now indicates there is a potential downside of -3.9%. The 50 day moving average now sits at 36.05 and the 200 moving average now moves to 50.12. The market capitalisation for the company is $1,921m. Visit the company website at: http://www.jinkosolar.com

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; and develops commercial solar power projects. The company sells its products to distributors, project developers, and system integrators; and utility, commercial, and residential customers under the JinkoSolar brand, as well as on an original equipment manufacturer basis. As of December 31, 2020, it had an integrated annual capacity of 22 gigawatt (GW) for mono wafers; 11 GW for solar cells; and 31 GW for solar modules. The company has operations in the People’s Republic of China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and internationally. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the People’s Republic of China.

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