Canadian Solar Inc. (NASDAQ:CSIQ), one of the world’s largest solar power companies, today announced its participation in upcoming investor conferences.
Morgan Stanley China Summit from Wednesday, May 27, 2015 to Thursday, May 28, 2015 at the Rosewood hotel in Beijing. Dr. Shawn Qu will participate in a panel to discuss low oil price’s impact on renewable energy at 4:30 p.m. local time on Wednesday May 27, 2015.
J.P. Morgan’s 11th Annual Global China Summit on Monday June 1, 2015 at the Grand Hyatt hotel in Beijing.
Nomura Investment Forum Asia 2015 from Tuesday June 2, 2015 to Wednesday June 3, 2015 at the Ritz Carlton hotel in Singapore.
During these conferences, management will be available to meet with institutional investors. (Original Source)
Shares of Canadian Solar closed last Friday at $33.71. CSIQ has a 1-year high of $41.12 and a 1-year low of $18.68. The stock’s 50-day moving average is $35.88 and its 200-day moving average is $29.11.
On the ratings front, Canadian Solar has been the subject of a number of recent research reports. In a report issued on May 19, Roth Capital analyst Philip Shen reiterated a Buy rating on CSIQ, with a price target of $46, which implies an upside of 36.5% from current levels. Separately, on May 18, Canaccord Genuity’s Jonathan Dorsheimer maintained a Buy rating on the stock and has a price target of $45.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Philip Shen and Jonathan Dorsheimer have a total average return of -4.1% and -1.4% respectively. Shen has a success rate of 40.0% and is ranked #3389 out of 3608 analysts, while Dorsheimer has a success rate of 40.4% and is ranked #3043.
Canadian Solar Inc is a solar power company. The Company designs, develops and manufactures solar wafers, cells and solar power products.