Trina Solar Limited (TSL) Rating Reiterated by Canaccord Genuity
Trina Solar Limited (NYSE:TSL)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity in a report issued on Friday. They presently have a $3.25 price objective on the semiconductor company’s stock. Canaccord Genuity’s price target would indicate a potential downside of 71.84% from the stock’s current price.
Trina Solar Limited (NYSE TSL) remained flat at $$11.54 during mid-day trading on Friday. Trina Solar Limited has a 12 month low of $6.91 and a 12 month high of $11.54. The company has a current ratio of 1.01, a quick ratio of 0.86 and a debt-to-equity ratio of 0.64.
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About Trina Solar Limited
Trina Solar Limited is an integrated solar power products manufacturer and solar system developer based in China with a global distribution network. The Company has integrated the manufacturing of ingots, wafers and solar cells for use in its photovoltaic (PV) module production. Its PV modules provide electric power for residential, commercial, industrial and other applications.
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