Azure Power Global (AZRE) Receives a Hold from Barclays


Barclays analyst Moses Sutton maintained a Hold rating on Azure Power Global (AZRE) on February 13 and set a price target of $13. The company’s shares closed on Friday at $10.95.

Currently, the analyst consensus on Azure Power Global is a Moderate Buy with an average price target of $22.

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The company has a one-year high of $16.50 and a one-year low of $8.25. Currently, Azure Power Global has an average volume of 24.06K.

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Azure Power Global Ltd. is a holding company, which engages in the development, production, and sale of solar energy. It offers services to government utilities; and independent industrial and commercial customers. The company was founded by Harkanwal Singh Wadhwa and Inderpreet Singh Wadhwa in 2008 and is headquartered in New Delhi, India.

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