In a report issued on November 19, Justin Clare from Roth Capital reiterated a Hold rating on Renesola (SOL), with a price target of $1.75. The company’s shares closed on Wednesday at $1.52, close to its 52-week low of $1.31.
According to TipRanks.com, Clare is ranked #3961 out of 5129 analysts.
Renesola has an analyst consensus of Hold.
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The company has a one-year high of $3.79 and a one-year low of $1.31. Currently, Renesola has an average volume of 39.55K.
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ReneSola Ltd. engages in the manufacture of solar wafers and modules. It operates through the following segments: Wafer, Cell and Module, and Solar Power Projects. The Wafer segment includes manufacture and sales of monocrystalline and multicrystalline solar wafers and processing services.