[PRNewswire] Yingli Green Energy Holding Co. Ltd. (NYSE:YGE) (TREND ANALYSIS) the world’s largest vertically integrated photovoltaic (“PV”) manufacturer, known as “Yingli Solar”, today announced that the Company has successfully completed its fifth annual global investor day in Las Vegas, Nevada, USA, on Tuesday, October 21st, 2014.
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There are currently six analysts that we track that cover the stock. Of those six, two have a Buy rating, three have a hold rating and one has a Sell rating. On a consensus basis this yields a score of 2.17 and a Hold. The combined price objective of these covering analysts is $5.67, which represents a 65.67% difference to the last closing price.
The most recent analyst activity consisted of Deutsche Bank reiterating their Buy stance on the company. On the date of the report, the stock closed at $3.38.
Another research firm weighing in recently was RBC Capital who also reiterated their rating on the stock. On June 17th RBC Capital Sector performed their price target on the stock from $6 to $4, or a 15% upside to the current price. On the day of the report, YGE shares closed at $3.95.
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Company Profile
Yingli Green Energy Holding Company Limited, together with its subsidiaries, designs, develops, manufacture, markets, sells, and installs photovoltaic products in the People’s Republic of China. It offers PV cells, PV modules, and integrated PV systems; and polysilicon ingots and blocks, and polysilicon wafers, as well as develops and operates solar projects. The company primarily sells its PV modules to distributors, wholesalers, power plant developers and operators, and PV system integrators under the Yingli and Yingli Solar brand names. It also operates in the United States, Germany, Greece, Spain, Italy, France, India, Japan, the Netherlands, the United Kingdom, Israel, South Korea, and Belgium.
Stock Updates: Yingli Green Energy Holding Co. Ltd. (NYSE:YGE)
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