JA Solar Holdings, Co., Ltd. (NASDAQ:JASO) has earned a consensus recommendation of “Hold” from the six brokerages that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $7.00.

A number of research analysts have recently commented on JASO shares. Credit Suisse Group set a $7.00 target price on JA Solar Holdings, Co. and gave the company a “hold” rating in a research note on Tuesday, August 29th. ValuEngine upgraded JA Solar Holdings, Co. from a “buy” rating to a “strong-buy” rating in a research note on Monday, September 11th. Zacks Investment Research upgraded JA Solar Holdings, Co. from a “hold” rating to a “buy” rating and set a $7.00 target price for the company in a research note on Friday, August 25th. Axiom Securities restated a “sell” rating on shares of JA Solar Holdings, Co. in a research note on Friday, September 8th. Finally, BidaskClub cut JA Solar Holdings, Co. from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th.

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JA Solar Holdings, Co. (NASDAQ JASO) opened at 7.59 on Tuesday. JA Solar Holdings, Co. has a 52 week low of $4.42 and a 52 week high of $8.48. The firm has a 50-day moving average price of $7.61 and a 200 day moving average price of $6.85.

JA Solar Holdings, Co. (NASDAQ:JASO) last released its earnings results on Tuesday, August 22nd. The solar energy provider reported $0.40 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.37. The company had revenue of $878.00 million during the quarter, compared to analysts’ expectations of $602.53 million. JA Solar Holdings, Co. had a return on equity of 7.90% and a net margin of 2.89%. The firm’s revenue for the quarter was up 41.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.31 EPS. Equities research analysts anticipate that JA Solar Holdings, Co. will post $0.84 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. California Public Employees Retirement System lifted its stake in shares of JA Solar Holdings, Co. by 25.3% in the 1st quarter. California Public Employees Retirement System now owns 384,359 shares of the solar energy provider’s stock valued at $2,514,000 after purchasing an additional 77,700 shares during the period. AJO LP raised its stake in JA Solar Holdings, Co. by 3.2% during the second quarter. AJO LP now owns 359,410 shares of the solar energy provider’s stock valued at $2,282,000 after buying an additional 11,292 shares during the last quarter. TIAA CREF Investment Management LLC raised its stake in JA Solar Holdings, Co. by 848.0% during the second quarter. TIAA CREF Investment Management LLC now owns 331,800 shares of the solar energy provider’s stock valued at $2,107,000 after buying an additional 296,800 shares during the last quarter. Teachers Advisors LLC purchased a new position in JA Solar Holdings, Co. during the second quarter valued at $1,162,000. Finally, Goldman Sachs Group Inc. raised its stake in JA Solar Holdings, Co. by 63.6% during the first quarter. Goldman Sachs Group Inc. now owns 168,289 shares of the solar energy provider’s stock valued at $1,101,000 after buying an additional 65,436 shares during the last quarter. Institutional investors own 23.31% of the company’s stock.

JA Solar Holdings, Co. Company Profile

JA Solar Holdings Co, Ltd. is a holding company. The Company designs, develops, manufactures and sells solar power products that convert sunlight into electricity for a range of uses. The Company is engaged in manufacturing and selling solar modules, as well as silicon wafer manufacturing. The Company operates through two segments, including manufacturing and solar projects.

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