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Needham & Company LLC boosted their EPS estimates on shares of JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) in a research note issued on Tuesday, American Banking and Market News reports.

Shares of JA Solar Holdings Co., Ltd. (NASDAQ:JASO) opened at 10.05 on Tuesday. JA Solar Holdings Co., Ltd. has a 1-year low of $3.94 and a 1-year high of $13.14. The stock has a 50-day moving average of $10.58 and a 200-day moving average of $10.0. The company’s market cap is $404.6 million.

JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) last announced its earnings results on Monday, March 17th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.15. The company had revenue of $357.30 million for the quarter, compared to the consensus estimate of $291.82 million. During the same quarter in the previous year, the company posted ($2.65) earnings per share. The company’s revenue for the quarter was up 33.3% on a year-over-year basis. On average, analysts predict that JA Solar Holdings Co., Ltd. will post $0.61 earnings per share for the current fiscal year.

A number of other firms have also recently commented on JASO. Analysts at Northland Capital Mkts initiated coverage on shares of JA Solar Holdings Co., Ltd. (ADR) in a research note on Wednesday, April 2nd. They set an “outperform” rating on the stock. Separately, analysts at Northland Securities initiated coverage on shares of JA Solar Holdings Co., Ltd. (ADR) in a research note on Tuesday, April 1st. They set an “outperform” rating and a $19.00 price target on the stock. Finally, analysts at Northland Capital Partners initiated coverage on shares of JA Solar Holdings Co., Ltd. (ADR) in a research note on Tuesday, April 1st. They set an “outperform” rating and a $19.00 price target on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $13.21.

JA Solar Holdings Co, Ltd. (NASDAQ:JASO) is engaged in the business of designing, developing, manufacturing and selling solar cell and solar module products.

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