Canadian Solar Inc. - common shares (CSIQ) Social Stream



Canadian Solar Inc. - common shares (CSIQ): $40.99

5.13 (+14.31%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Solar


Ranked

of 18

in industry

CANADIAN SOLAR INC (CSIQ) Price Targets From Analysts

Use the tables below to see what analysts covering CANADIAN SOLAR INC think about its future price and what recommendations they have for investors and traders.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-19 4 $71 $51 $57.25 $36.72 55.91%
2021-12-13 5 $71 $44 $54.4 $36.72 48.15%
2021-12-21 5 $55 $44 $49.4 $36.72 34.53%
2022-01-20 5 $55 $41 $47.6 $36.72 29.63%
2022-03-18 4 $55 $39 $47.6 $36.72 29.63%
2022-05-25 5 $55 $39 $47.6 $36.72 29.63%
2022-07-20 5 $55 $38 $47.6 $36.72 29.63%
2022-08-08 5 $55 $42 $48.4 $36.72 31.81%
2022-08-19 6 $55 $42 $47.5 $36.72 29.36%
2022-09-08 6 $56 $38 $47.833 $36.72 30.26%
2022-10-20 5 $56 $38 $46.833 $36.72 27.54%
2022-11-23 6 $56 $38 $47.4 $36.72 29.08%
2023-01-06 5 $57 $33 $45 $36.72 22.55%
2023-01-23 5 $57 $12.22 $39.536 $36.72 7.67%
2023-02-27 5 $57 $12.22 $41.703 $36.72 13.57%

The Trend in the Analyst Price Target


CSIQ's average price target has moved up $18.48 over the prior 33 months.

CSIQ reports an average of 29.5% for its upside potential over the past 49 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2022-08-19 6 56 43 48.666 42.01 15.84%
2022-08-19 6 55 42 47.500 42.01 13.07%
2022-10-20 6 56 38 46.833 29.79 57.21%
2022-11-23 4 56 38 47.400 37.01 28.07%
2023-01-06 5 57 33 45.000 36.15 24.48%

CSIQ Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2.6 2 0 2 1 1 5

The Trend in the Broker Recommendations


Over the past 39 weeks, CSIQ's average broker recommendation rating worsened by 0.8.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for CSIQ as an investment opportunity.

  • CSIQ has a higher number of analysts covering the stock than 524.26% of all US stocks.
  • CSIQ has a lower variance in analysts' estimates than -592.56% of Technology stocks.
  • In terms of how CANADIAN SOLAR INC fares relative to Technology stocks, note that its upside potential (average analyst target price relative to current price) is greater than 711.74% of that group.
  • CANADIAN SOLAR INC's average analyst price target is higher than 859.54% of Electronic Equipment stocks.

In terms of price targets and recommendations offered by analysts, the stocks in the Electronic Equipment industry with the ratings most similar to CANADIAN SOLAR INC are JKS, DQ, and HIMX.

What is the outlook for CSIQ? Use POWR Ratings for clearer insight into price direction.


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