8Point3 Energy Partners LP (CAFD) Given Average Rating of “Hold” by Analysts
Shares of 8Point3 Energy Partners LP (NASDAQ:CAFD) have earned a consensus rating of “Hold” from the fourteen ratings firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation and eleven have given a hold recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $13.29.
Several brokerages recently weighed in on CAFD. ValuEngine cut shares of 8Point3 Energy Partners from a “hold” rating to a “sell” rating in a research note on Friday, June 1st. BidaskClub raised shares of 8Point3 Energy Partners from a “sell” rating to a “hold” rating in a research note on Saturday, April 21st.
Shares of 8Point3 Energy Partners stock remained flat at $$12.42 during trading on Tuesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 5.20 and a quick ratio of 5.20. 8Point3 Energy Partners has a fifty-two week low of $11.69 and a fifty-two week high of $15.92.
About 8Point3 Energy Partners
8point3 Energy Partners LP, together with its subsidiaries, acquires, owns, and operates solar energy generation projects in the United States. It owns interests in 10 utility-scale solar energy projects; and 4 commercial and industrial solar energy projects, as well as a portfolio of residential DG solar assets.
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