SMA Solar Technology AG (S92) Given a €32.20 Price Target at Macquarie
SMA Solar Technology AG (ETR:S92) has been assigned a €32.20 ($38.33) price target by equities researchers at Macquarie in a note issued to investors on Friday. The brokerage presently has a “sell” rating on the stock.
A number of other brokerages also recently issued reports on S92. Oddo Bhf set a €28.00 ($33.33) price target on SMA Solar Technology AG and gave the stock a “sell” rating in a research report on Thursday, August 17th. Warburg Research set a €20.00 ($23.81) price target on SMA Solar Technology AG and gave the stock a “sell” rating in a research report on Thursday, August 10th. Finally, Independent Research GmbH set a €28.00 ($33.33) price target on SMA Solar Technology AG and gave the stock a “sell” rating in a research report on Wednesday, August 2nd.
Shares of SMA Solar Technology AG (ETR S92) traded down 2.615% during mid-day trading on Friday, reaching €36.237. The company had a trading volume of 4,609 shares. The stock has a market capitalization of €1.26 billion and a P/E ratio of 66.247. The firm’s 50 day moving average is €34.31 and its 200-day moving average is €27.58. SMA Solar Technology AG has a 12-month low of €20.80 and a 12-month high of €39.60.
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SMA Solar Technology AG Company Profile
SMA Solar Technology AG, together with its subsidiaries, develops, produces, and distributes photovoltaic (PV) inverters, transformers, choke coils, and monitoring and energy management systems for PV systems worldwide. It operates through Residential, Commercial, Utility, Service, and Other segments.
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