Weekly Research Analysts’ Ratings Changes for Canadian Solar (CSIQ)

Canadian Solar (NASDAQ: CSIQ) recently received a number of ratings updates from brokerages and research firms:

  • 2/2/2018 – Canadian Solar was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 2/2/2018 – Canadian Solar was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 2/1/2018 – Canadian Solar was upgraded by analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating. They now have a $16.00 price target on the stock.
  • 1/18/2018 – Canadian Solar was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 1/12/2018 – Canadian Solar was given a new $15.00 price target on by analysts at B. Riley. They now have a “hold” rating on the stock.
  • 1/9/2018 – Canadian Solar is now covered by analysts at Goldman Sachs Group Inc. They set a “neutral” rating and a $19.00 price target on the stock.
  • 12/15/2017 – Canadian Solar was downgraded by analysts at Axiom Securities from a “buy” rating to a “hold” rating. They now have a $17.00 price target on the stock.
  • 12/12/2017 – Canadian Solar was downgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating. They now have a $15.00 price target on the stock.
  • 12/11/2017 – Canadian Solar was given a new $18.00 price target on by analysts at Cowen Inc. They now have a “hold” rating on the stock.
  • 12/11/2017 – Canadian Solar was given a new $15.00 price target on by analysts at B. Riley. They now have a “hold” rating on the stock.

Canadian Solar Inc. (NASDAQ CSIQ) opened at $15.34 on Tuesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.88 and a current ratio of 0.95. Canadian Solar Inc. has a 12-month low of $10.86 and a 12-month high of $19.09. The stock has a market capitalization of $887.11, a P/E ratio of 37.41, a P/E/G ratio of 0.32 and a beta of 2.71.

Canadian Solar (NASDAQ:CSIQ) last issued its quarterly earnings data on Thursday, November 9th. The solar energy provider reported $0.22 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.22. Canadian Solar had a return on equity of 1.32% and a net margin of 0.84%. The firm had revenue of $912.20 million during the quarter, compared to the consensus estimate of $812.37 million. During the same period in the previous year, the firm posted $0.27 EPS. The company’s quarterly revenue was up 38.8% compared to the same quarter last year. analysts predict that Canadian Solar Inc. will post 0.97 earnings per share for the current fiscal year.

Canadian Solar Inc is a solar power company. The Company is a provider of solar power products, services and system solutions with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia. Its segments include module segment, energy development segment and electricity generation segment.

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