JinkoSolar Holding Company Limi – Consensus Indicates Potential 8.8% Upside

Broker Ratings

JinkoSolar Holding Company Limi with ticker code (JKS) now have 10 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 86.89 and 14.88 and has a mean target at 61.66. With the stocks previous close at 56.65 this is indicating there is a potential upside of 8.8%. The 50 day MA is 52.42 and the 200 day moving average is 55.45. The company has a market capitalisation of $2,843m. Company Website: https://www.jinkosolar.com

The potential market cap would be $3,094m based on the market concensus.

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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, system integrators, and manufacturers of solar power products under the JinkoSolar brand. As of March 31, 2022, it had an integrated annual capacity of 40 gigawatts (GW) for mono wafers; 40.0 GW for solar cells; and 50.0 GW for solar modules. The company has operations in the People’s Republic of China, the United States, Mexico, Australia, Japan, United Arab Emirates, Turkey, Jordan, Vietnam, Egypt, Spain, and Germany. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the People’s Republic of China.

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