Yingli Green Energy Hold. Co. Given Positive Rating at Deutsche Bank (YGE)
Yingli Green Energy Hold. Co. (NYSE:YGE)‘s stock had its “positive” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Thursday, AnalystRatings.Net reports.
Shares of Yingli Green Energy Hold. Co. (NYSE:YGE) opened at 5.05 on Thursday. Yingli Green Energy Hold. Co. has a 1-year low of $1.62 and a 1-year high of $8.77. The stock’s 50-day moving average is $5. and its 200-day moving average is $5.13. The company’s market cap is $790.8 million.
Yingli Green Energy Hold. Co. (NYSE:YGE) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.24) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.24). The company had revenue of $596.30 million for the quarter, compared to the consensus estimate of $556.69 million. During the same quarter last year, the company posted ($0.40) earnings per share. Yingli Green Energy Hold. Co.’s revenue was up 67.5% compared to the same quarter last year.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital raised their price target on shares of Yingli Green Energy Hold. Co. from $4.00 to $6.00 in a research note to investors on Wednesday, November 13th. They now have a “sector perform” rating on the stock. Analysts at Ardour Capital raised their price target on shares of Yingli Green Energy Hold. Co. from $6.00 to $9.00 in a research note to investors on Tuesday, November 5th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $4.28.
Yingli Green Energy Holding Company Limited is a vertically integrated photovoltaic (NYSE:YGE), product manufacturer worldwide.
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