JinkoSolar Holding Co Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)
Portfolio Pulse from Benzinga Insights
JinkoSolar Holding Co (NYSE:JKS) has been analyzed by 5 analysts, showing a shift towards a more cautious stance with 4 indifferent and 1 bearish rating recently. The average 12-month price target has been lowered to $27.2, a significant decrease from the previous $37.00. This reflects changing market dynamics and company performance. JinkoSolar operates in the photovoltaic industry and has shown strong financial health with a revenue growth of 63.09% and high net margin and ROE, despite challenges in debt management.
March 21, 2024 | 4:00 pm
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NEUTRAL IMPACT
JinkoSolar's stock may face short-term pressure due to the lowered average price target and a shift towards more cautious analyst ratings. However, strong financial indicators like revenue growth and net margin could provide underlying support.
The lowered price target and cautious stance from analysts suggest potential short-term headwinds for JinkoSolar's stock. However, the company's strong financial performance, particularly in revenue growth and profitability metrics, could mitigate negative impacts and provide a basis for stability or growth in the medium to long term. The balance between these factors leads to a neutral short-term score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100