Warburg Research set a €20.00 ($23.26) price objective on SMA Solar Technology AG (ETR:S92) in a research note published on Thursday morning. The firm currently has a sell rating on the stock.

Separately, Independent Research GmbH set a €20.00 ($23.26) price target on SMA Solar Technology AG and gave the stock a sell rating in a research note on Monday, May 29th.

SMA Solar Technology AG (S92) opened at 31.176 on Thursday. The firm’s 50-day moving average price is €28.16 and its 200 day moving average price is €25.32. SMA Solar Technology AG has a 52 week low of €20.80 and a 52 week high of €45.75. The company has a market capitalization of €1.08 billion and a PE ratio of 64.280.

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About SMA Solar Technology AG

SMA Solar Technology AG is a Germany-based developer of photovoltaic (PV) system technology. The Company operates through five segments: Residential, Commercial, Utility, Off-Grid and Storage and Service. The Residential segment focuses on small PV systems for private applications with micro and string inverters, energy management solutions, storage systems and communication products and accessories.

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