Credit Suisse Keeps a Buy Rating on Azure Power Global (AZRE)


In a report issued on February 17, Maheep Mandloi from Credit Suisse maintained a Buy rating on Azure Power Global (AZRE), with a price target of $22. The company’s shares closed yesterday at $11.05.

According to TipRanks.com, Mandloi is ranked #3503 out of 5180 analysts.

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 24.68K.

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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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