Navigating 4 Analyst Ratings For Canadian Solar
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Canadian Solar (NASDAQ:CSIQ) over the last quarter show mixed sentiments, with 2 bullish, 1 somewhat bearish, and 1 bearish rating. The average 12-month price target is $23.07, reflecting a 3.59% increase from the previous target. Key analysts have adjusted their ratings and price targets, with some raising and others lowering their expectations. Financially, Canadian Solar faces challenges with a -21.88% revenue decline but shows strong profitability with a net margin of 0.93%. The company has a high debt-to-equity ratio of 2.05, indicating higher financial risk.
July 30, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Analysts' ratings for Canadian Solar (NASDAQ:CSIQ) are mixed, with 2 bullish, 1 somewhat bearish, and 1 bearish rating. The average 12-month price target is $23.07, a 3.59% increase from the previous target. Financially, the company faces a -21.88% revenue decline but shows strong profitability with a net margin of 0.93%. The high debt-to-equity ratio of 2.05 indicates higher financial risk.
The mixed analyst ratings and the slight increase in the average price target suggest a neutral short-term impact on the stock price. The financial challenges, such as the revenue decline and high debt-to-equity ratio, are balanced by strong profitability metrics, leading to a neutral overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100