Evaluating JinkoSolar Holding Co: Insights From 6 Financial Analysts
Portfolio Pulse from Benzinga Insights
Recent evaluations by 6 financial analysts on JinkoSolar Holding Co (NYSE:JKS) show diverse outlooks, with a shift towards a more bearish sentiment in the last 30 days. The average 12-month price target for JKS has been lowered to $26.5, a 22.63% decrease from the previous target of $34.25. Analysts from firms like Goldman Sachs and UBS have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. JinkoSolar's financial indicators such as revenue growth, net margin, ROE, and ROA outperform industry averages, but its high debt-to-equity ratio poses a financial risk.
April 11, 2024 | 5:00 pm
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JinkoSolar's stock faces a bearish outlook from analysts, with a lowered average price target of $26.5, indicating a potential decrease in stock price. Despite strong financial performance indicators, the high debt-to-equity ratio is a concern.
The bearish sentiment among analysts, reflected in lowered price targets and concerns over JinkoSolar's high debt-to-equity ratio, suggests a potential short-term negative impact on JKS stock price. However, strong financial performance indicators like revenue growth and net margin may mitigate some negative perceptions.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100