Company Update (NASDAQ:CSIQ): Canadian Solar Inc. Voted as One of the Most Attractive Employers in 2015 Randstad-Canada Survey

Canadian Solar Inc. (NASDAQ:CSIQ), one of the world’s largest solar power companies, announced that it won the Randstad Award as the nation’s Fourth Most Attractive Employer in Canada by Randstad Canada, the country’s leading staffing, recruitment, and HR services company. This is the second consecutive year that Canadian Solar has been selected as one of the top four most attractive employers in a nationwide survey of more than 9,500 Canadians. Furthermore, Canadian Solar placed first in the subcategories of engaging job content, good work-life balance, and corporate social responsibility.

In Randstad’s annual survey, respondents ranked companies based on financial health, positive training opportunities, job security, opportunities for career advancement, strong management, interesting work content, a pleasant working environment, competitive compensation, a reasonable work-life balance, and corporate social responsibility. Founded in 2001 in Ontario, Canadian Solar has grown rapidly over the past 14 years to become North America’s largest module manufacturer and leading solar energy solutions provider.

“As a Canadian company with a successful track record in Ontario, we are honored to be recognized as one of the top employers by Randstad-Canada,” said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar. “This is the second year we have ranked in the top four, and we thank survey respondents for selecting Canadian Solar. Our company is committed to providing a diverse, vibrant, and professional work environment for all employees worldwide.”¬†(Original Source)

Shares of Canadian Solar closed yesterday at $37.73 . CSIQ has a 1-year high of $41.12 and a 1-year low of $18.68. The stock’s 50-day moving average is $34.54 and its 200-day moving average is $28.17.

On the ratings front, Canadian Solar¬†has been the subject of a number of recent research reports. In a report issued on April 6, Canaccord Genuity analyst Jonathan Dorsheimer maintained a Buy rating on CSIQ, with a price target of $46, which represents a potential upside of 21.9% from where the stock is currently trading. Separately, on March 6, Standpoint Research’s Ronnie Moas downgraded the stock to Hold .

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Jonathan Dorsheimer and Ronnie Moas have a total average return of -1.4% and 9.7% respectively. Dorsheimer has a success rate of 40.5% and is ranked #3037 out of 3581 analysts, while Moas has a success rate of 74.8% and is ranked #16.

Canadian Solar Inc is a solar power company. The Company designs, develops and manufactures solar wafers, cells and solar power products.

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