Needham & Company Reiterates Hold on JA Solar (JASO)

By admin | 6 years ago

JA Solar (NASDAQ: JASO)‘s stock had its “hold” rating reaffirmed by Needham & Company in a research note issued on Wednesday.

A number of other analysts have also recently weighed in on JASO. Analysts at Credit Suisse (NYSE: CS) initiated coverage on shares of JA Solar in a research note to investors on Thursday, March 22nd. They set a “neutral” rating and a $2.00 price target on the stock. Analysts at Zacks upgraded shares of JA Solar from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, March 15th. They now have a $2.00 price target on the stock.

JA Solar opened at 1.04 on Wednesday. JA Solar has a 1-year low of $0.89 and a 1-year high of $5.74. The company’s market cap is $203.5 million.

JA Solar last released its earnings data on Tuesday, June 5th. The company reported ($0.20) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.16) by $0.04. Analysts expect that JA Solar will post $-0.09 EPS next quarter.

JA Solar Holdings Co, Ltd. (JA Solar) is a manufacturer of high-performance solar cells based in People’s Republic of China.

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