Trina Solar Limited (TSL) : Zacks Investment Research ranks Trina Solar Limited (TSL) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 2.67, which indicates as a Hold.
Trina Solar Limited (TSL) : 5 Wall Street analysts covering Trina Solar Limited (TSL) believe that the average level the stock could reach for the short term is $10.66. The maximum price target given is $15 and the minimum target for short term is around $8, hence the standard deviation is calculated at $2.94.
Trina Solar Limited has dropped 0.09% in the last five trading days, however, the shares have posted positive gains of 24% in the last 4 weeks. Trina Solar Limited is up 20.46% in the last 3-month period. Year-to-Date the stock performance stands at -4.36%. Trina Solar Limited (NYSE:TSL): stock turned positive on Tuesday. Though the stock opened at $10.62, the bulls momentum made the stock top out at $10.65 level for the day. The stock recorded a low of $10.51 and closed the trading day at $10.54, in the green by 0.09%. The total traded volume for the day was 1,590,570. The stock had closed at $10.53 in the previous days trading.
Trina Solar Limited is an integrated solar power products manufacturer and solar system developer. The Company develops, designs, constructs, operates and sells solar power projects that primarily use the solar modules it manufactures. The Company has two segments: manufacturing segment and solar power projects segment. The Companys manufacturing segment designs, develops, manufactures and sells photovoltaic (PV) modules and integrates the manufacturing of ingots, wafers and solar cells for use in its PV module production. The Companys solar power projects segment designs and constructs, in order to operate or sell, solar power projects in China, the United Kingdom, Japan, the Middle East and India. The Company produces standard monocrystalline PV modules ranging from between 210 watts and 215 watts to between 270 watts and 275 watts in power output and multicrystalline PV modules ranging from between 250 watts and 265 watts to between 300 watts to 315 watts in power output.