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MAR 31 2016
Analysts Set $11.50 Target Price for Sky Solar Holdings Ltd (NASDAQ:SKYS)
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NASDAQ: SKYS analyst report
sky image
Sky Solar Holdings Ltd (NASDAQ:SKYS) has earned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks reports. Two research analysts have rated the stock with a strong buy recommendation.
Analysts have set a one year consensus price target of $11.50 for the company and are forecasting that the company will post $0.03 EPS for the current quarter, according to Zacks. Zacks has also given Sky Solar Holdings an industry rank of 146 out of 265 based on the ratings given to related companies.
Separately, Zacks investment reaffirmed a “hold” rating on shares of Sky Solar Holdings in a research note on Monday, February 8th.
Sky Solar Holdings (NASDAQ:SKYS) opened at 1.23 on Monday. The firm’s market capitalization is $44.86 million. Sky Solar Holdings has a 1-year low of $1.12 and a 1-year high of $12.00. The stock has a 50 day moving average of $2.99 and a 200-day moving average of $5.42.
Sky Solar Holdings, Ltd. (NASDAQ:SKYS) is an investment holding company. The Company is an independent power producer (IPP) engaged in developing, owning and operating solar parks. The Company’s subsidiaries are engaged in selling electricity, Pipeline plus EPC, Provision of O&M services, and BT.
12 Month Chart for NASDAQ:SKYS
If the consensus is correct and SKYS meets or beats their target in the next quarter today’s run up will look like peanuts compared to what may lie ahead.
Sources- Broad Street Alerts, financial market news and Zacks investment research
Broad Street Alerts and SCS LLC have not been compensated in any way for this report and we do not hold any positions.
Written by broadAdmin · Categorized: Uncategorized
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