In a report released today, Carter Driscoll from B.Riley FBR maintained a Hold rating on Canadian Solar Inc (NASDAQ: CSIQ), with a price target of $17. The company’s shares closed yesterday at $13.18.
According to TipRanks.com, Driscoll is ranked 0 out of 5 stars with an average return of -8.2% and a 34.2% success rate. Driscoll covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, Amer Superconductor, and Fuelcell Energy.
Canadian Solar Inc has an analyst consensus of Moderate Buy, with a price target consensus of $17.
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Canadian Solar Inc’s market cap is currently $772.1M and has a P/E ratio of 5.78. The company has a Price to Book ratio of 0.72.
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Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules and a provider of solar energy solutions. It operates through the Module and System Solutions (MSS), and Energy segments.
