Canaccord Genuity Reiterates Buy Rating for Trina Solar Limited (TSL)
Trina Solar Limited (NYSE:TSL)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity in a report issued on Friday. They currently have a $3.25 price objective on the semiconductor company’s stock. Canaccord Genuity’s price target indicates a potential downside of 71.84% from the company’s current price.
Trina Solar Limited (NYSE:TSL) remained flat at $$11.54 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.86 and a current ratio of 1.01. Trina Solar Limited has a 12-month low of $6.91 and a 12-month high of $11.54.
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About Trina Solar Limited
Trina Solar Limited is an integrated solar power products manufacturer and solar system developer based in China with a global distribution network. The Company has integrated the manufacturing of ingots, wafers and solar cells for use in its photovoltaic (PV) module production. Its PV modules provide electric power for residential, commercial, industrial and other applications.
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