Brokerage Firm Rating Update on Trina Solar Limited (TSL)

Trina Solar Limited (TSL) : Zacks Investment Research ranks Trina Solar Limited (TSL) as 3, which is a Hold recommendation. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 3, which indicates as a Hold.

Trina Solar Limited (TSL) : Average target price received by Trina Solar Limited (TSL) is $10.55 with an expected standard deviation of $1.28. The most aggressive target on the stock is $12, whereas the most downbeat target is $9. 4 financial analysts are currently covering the stock.


Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, Credit Suisse maintains its rating on Trina Solar Limited (NYSE:TSL).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, Credit Suisse maintains the price target of $11.6 per share. The rating by the firm was issued on August 18, 2016.

Trina Solar Limited (NYSE:TSL): The stock was completely flat for the day, closing at $10.50 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $10.49, the stock touched an intraday high of $10.50 and a low of $10.42. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $10.50. The total trading volume on Wednesday was 1,081,662.

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.

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