Sky Solar Holdings, Ltd. (SKYS) Reviewed By Analysts

They now have a $15.00 price target on the semiconductor company's stock, down from their previous price target of $15.55. They now have a Dollars 15 price target on the stock.

JASO has been the topic of several recent analyst reports. The legal version of this piece of content can be viewed at https://www.themarketsdaily.com/2017/06/09/roth-capital-reiterates-7-00-price-target-for-ja-solar-holdings-co-ltd-jaso-updated.html.

Stock market analysts watching Sky Solar Holdings, Ltd. (SKYS) have recently changed their ratings on the stock. The firm has "Sell" rating by Axiom Capital given on Monday, August 31. The stock now has a consensus rating of "Hold" and an average price target of $21.00. JA Solar Holdings Co. (JKS) opened at 17.37 on Friday. The stock has a market capitalization of $294.27 million, a P/E ratio of 3.76 and a beta of 1.67. Sky Solar Holdings has a 1-year low of $1.50 and a 1-year high of $5.40.

JA Solar Holdings Co. had a net margin of 3.43% and a return on equity of 7.74%. (NASDAQ:JASO) last issued its quarterly earnings results on Wednesday, May 24th. The solar energy provider reported $0.03 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.05. The company had revenue of $536.40 million for the quarter, compared to the consensus estimate of $490.84 million. JinkoSolar Holding Co. The firm's revenue was down 1.0% on a year-over-year basis. During the same period a year ago, the firm posted $0.36 EPS. On average, equities analysts forecast that JA Solar Holdings Co. will post $0.02 EPS for the current year.

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Hedge funds have recently modified their holdings of the stock. California Public Employees Retirement System increased its stake in JA Solar Holdings Co.by 25.3% in the first quarter. Geode Capital Management LLC now owns 28,378 shares of the solar energy provider's stock valued at $185,000 after buying an additional 11,983 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of JinkoSolar Holding Co. during the fourth quarter worth approximately $5,606,000. JA Solar Holdings Co. Letko Brosseau & Associates Inc sold 115,075 shares as Cameco Corp (CCJ)'s stock declined 16.04%. Finally, Two Sigma Investments LP purchased a new stake in JA Solar Holdings Co. during the fourth quarter valued at about $764,000. Numeric Investors LLC now owns 835,816 shares of the semiconductor company's stock worth $12,729,000 after buying an additional 146,522 shares during the last quarter. JA Solar Holdings Co. earned a coverage optimism score of 0.13 on AlphaOne's scale.

JA Solar Holdings Co, Ltd.is a holding company. The Company is engaged in manufacturing and selling solar modules, as well as silicon wafer manufacturing.