JinkoSolar Holding Company Limi – Consensus Indicates Potential -9.7% 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 target price ranges between 61 and 12.94 calculating the mean target price we have 41.19. With the stocks previous close at 45.6 this would indicate that there is a downside of -9.7%. The 50 day moving average now sits at 48.17 and the 200 day MA is 44.39. The market cap for the company is $2,220m. Company Website: 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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