Canadian Solar Inc. (NASDAQ:CSIQ), one of the world’s largest solar power companies, today announced that the company will participate in the 2015 Intersolar-North America conference and expo July 14-16 atMoscone Convention Center in Booth #7311. Canadian Solar’s Chairman and Chief Executive Officer, Dr. Shawn Qu, will speak on “Solar Beyond 2016: Cost, Technologies, and Geography” during The Future of PV/Executive Panel (Wednesday, July 15 from 11:15 am-1:00 pm) at the Intercontinental Hotel.
At the show, Canadian Solar will showcase its latest product portfolio. Among the products that will be shown include: the Diamond double-glass, frameless module; the three-phase string inverters; and several off-grid portable solutions.
More than 18,000 professional and 550 solar and energy storage exhibitors are expected at this year’s Intersolar Exhibition in Moscone West Hall. The exhibit hall is open Tuesday, July 14 from 10 am to 5 pm; Wednesday, July 15 from 10 am to 5 pm; and Thursday, July 16 from 10 am to 4 pm. (Original Source)
Shares of Canadian Solar closed last Friday at $25.83. 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 $30.90 and its 200-day moving average is $30.53.
On the ratings front, Canadian Solar has been the subject of a number of recent research reports. In a report issued on June 16, Nomura analyst Nitin Kumar reiterated a Buy rating on CSIQ, with a price target of $46, which implies an upside of 78.1% from current levels. Separately, on June 1, FBR’s Aditya Satghare reiterated 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, Nitin Kumar and Aditya Satghare have a total average return of 51.5% and -7.7% respectively. Kumar has a success rate of 44.0% and is ranked #128 out of 3694 analysts, while Satghare has a success rate of 47.4% and is ranked #3335.
Canadian Solar Inc is a solar power company. The Company designs, develops and manufactures solar wafers, cells and solar power products.