JA Solar Holdings, Co., Ltd. (NASDAQ:JASO) was downgraded by equities researchers at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued on Friday.

A number of other analysts also recently weighed in on JASO. Axiom Securities restated a “sell” rating on shares of JA Solar Holdings, Co. in a research report on Friday, June 9th. BidaskClub downgraded JA Solar Holdings, Co. from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Zacks Investment Research upgraded JA Solar Holdings, Co. from a “sell” rating to a “hold” rating in a research report on Thursday, July 27th. Roth Capital set a $7.00 price target on JA Solar Holdings, Co. and gave the stock a “hold” rating in a research note on Wednesday, August 23rd. Finally, Credit Suisse Group set a $7.00 price target on JA Solar Holdings, Co. and gave the stock a “hold” rating in a research note on Tuesday, August 29th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. JA Solar Holdings, Co. presently has a consensus rating of “Hold” and a consensus price target of $6.50.

JA Solar Holdings, Co. (JASO) opened at 7.23 on Friday. JA Solar Holdings, Co. has a 52 week low of $4.42 and a 52 week high of $8.48.

JA Solar Holdings, Co. (NASDAQ:JASO) last released its earnings results on Tuesday, August 22nd. The solar energy provider reported $0.40 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.37. The company had revenue of $878.00 million during the quarter, compared to the consensus estimate of $602.53 million. JA Solar Holdings, Co. had a return on equity of 7.90% and a net margin of 2.89%. JA Solar Holdings, Co.’s quarterly revenue was up 41.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS. On average, analysts expect that JA Solar Holdings, Co. will post $0.84 EPS for the current fiscal year.

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A number of institutional investors have recently made changes to their positions in JASO. FMR LLC purchased a new position in JA Solar Holdings, Co. in the 1st quarter worth approximately $154,000. Dynamic Technology Lab Private Ltd purchased a new position in JA Solar Holdings, Co. in the 1st quarter worth approximately $158,000. Verition Fund Management LLC purchased a new position in JA Solar Holdings, Co. in the 2nd quarter worth approximately $185,000. ClariVest Asset Management LLC increased its stake in JA Solar Holdings, Co. by 5.4% in the 1st quarter. ClariVest Asset Management LLC now owns 35,812 shares of the solar energy provider’s stock worth $234,000 after purchasing an additional 1,838 shares during the period. Finally, Bank of America Corp DE increased its stake in JA Solar Holdings, Co. by 10.5% in the 1st quarter. Bank of America Corp DE now owns 36,557 shares of the solar energy provider’s stock worth $239,000 after purchasing an additional 3,465 shares during the period. 25.91% of the stock is currently owned by institutional investors and hedge funds.

About JA Solar Holdings, Co.

JA Solar Holdings Co, Ltd. is a holding company. The Company designs, develops, manufactures and sells solar power products that convert sunlight into electricity for a range of uses. The Company is engaged in manufacturing and selling solar modules, as well as silicon wafer manufacturing. The Company operates through two segments, including manufacturing and solar projects.

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