In a report released yesterday, 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 $10.85.
According to TipRanks.com, Mandloi is ranked #3464 out of 5152 analysts.
Currently, the analyst consensus on Azure Power Global is a Moderate Buy with an average price target of $26.50.
See today’s analyst top recommended stocks >>
Based on Azure Power Global’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $4.22 million. In comparison, last year the company had a GAAP net loss of $783.1K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
