NYSE:AZRE - Azure Power Global Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $37.83
  • Forecasted Upside: 52.92 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$24.74
▼ -1.31 (-5.03%)

This chart shows the closing price for AZRE by one month, three months, or twelve months.

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Analyst Price Target for AZRE

Analyst Price Target is $37.83
▲ +52.92% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Azure Power Global in the last 3 months. The average price target is $37.83, with a high forecast of $53.00 and a low forecast of $27.00. The average price target represents a 52.92% upside from the last price of $24.74.

This chart shows the closing price for AZRE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 5 contributing investment analysts is to buy stock in Azure Power Global. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/9/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/9/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/7/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/5/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/3/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/4/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/3/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/2/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/17/2021BarclaysLower Price TargetOverweight$45.00 ➝ $37.00High
4/13/2021Royal Bank of CanadaInitiated CoverageOutperform$42.00N/A
4/6/2021Royal Bank of CanadaInitiated CoverageOutperform$42.00Low
2/16/2021BarclaysBoost Price TargetOverweight$35.00 ➝ $45.00Low
1/5/2021Roth CapitalBoost Price Target$35.00 ➝ $53.00N/A
11/12/2020Roth CapitalBoost Price TargetBuy$24.00 ➝ $35.00Medium
10/20/2020Credit Suisse GroupBoost Price TargetOutperform$23.00 ➝ $30.00High
9/28/2020HSBCDowngradeBuy ➝ Hold$18.00 ➝ $27.00High
9/18/2020JMP SecuritiesBoost Price Target$28.00 ➝ $38.00High
8/17/2020BarclaysBoost Price TargetOverweight$22.00 ➝ $27.00High
6/16/2020Credit Suisse GroupReiterated RatingBuy$23.00Low
6/16/2020BarclaysBoost Price TargetOverweight$19.00 ➝ $22.00Low
6/16/2020JMP SecuritiesLower Price TargetOutperform$30.00 ➝ $28.00Low
12/16/2019Roth CapitalReiterated RatingBuyMedium
11/25/2019Jefferies Financial GroupInitiated CoverageBuy$15.20Low
11/8/2019BarclaysUpgradeEqual Weight ➝ Overweight$13.00 ➝ $19.00High
10/17/2019HSBCInitiated CoverageBuyMedium
6/12/2019JMP SecuritiesLower Price TargetMarket Outperform$31.00 ➝ $26.00Low
2/18/2019BarclaysReiterated RatingHold$13.00Low
2/14/2019Credit Suisse GroupSet Price TargetBuy$22.00Low
1/7/2019BarclaysInitiated CoverageEqual Weight$12.00Medium
11/16/2018JMP SecuritiesBoost Price TargetMarket Outperform ➝ Market Outperform$30.00 ➝ $31.00Low
11/15/2018Roth CapitalReiterated RatingBuyMedium
11/14/2018Credit Suisse GroupSet Price TargetBuy$22.00Low
10/11/2018JMP SecuritiesReiterated RatingOutperform$26.00 ➝ $30.00Low
10/9/2018Credit Suisse GroupDowngradeBuy$24.00 ➝ $22.00Low
8/17/2018Janney Montgomery ScottInitiated CoverageBuyMedium
7/30/2018JMP SecuritiesInitiated CoverageOutperform$26.00Low
6/18/2018Credit Suisse GroupBoost Price TargetOutperform ➝ Outperform$22.00 ➝ $24.00High
8/20/2017Roth CapitalSet Price TargetBuy$22.00Low
2/6/2017Roth CapitalSet Price TargetBuy$22.00N/A
12/1/2016BarclaysInitiated CoverageOverweight$23.00N/A
11/29/2016Roth CapitalInitiated CoverageBuy$22.00N/A
11/24/2016Credit Suisse GroupSet Price TargetBuy$21.00N/A
11/7/2016Credit Suisse GroupInitiated CoverageOutperform$21.00N/A
(Data available from 8/3/2016 forward)
Azure Power Global logo
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2020, the company operated 43 utility scale projects and various commercial rooftop projects with a combined rated capacity of 1,808 MW. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.
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Today's Range

Now: $24.74
Low: $24.56
High: $26.38

50 Day Range

MA: $23.64
Low: $19.01
High: $27.41

52 Week Range

Now: $24.74
Low: $18.52
High: $53.60

Volume

215,467 shs

Average Volume

324,708 shs

Market Capitalization

$1.19 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.74

Frequently Asked Questions

What sell-side analysts currently cover shares of Azure Power Global?

The following sell-side analysts have issued reports on Azure Power Global in the last year: Barclays PLC, Credit Suisse Group AG, HSBC Holdings plc, JMP Securities, Roth Capital, Royal Bank of Canada, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for AZRE.

What is the current price target for Azure Power Global?

6 Wall Street analysts have set twelve-month price targets for Azure Power Global in the last year. Their average twelve-month price target is $37.83, suggesting a possible upside of 52.9%. Roth Capital has the highest price target set, predicting AZRE will reach $53.00 in the next twelve months. HSBC Holdings plc has the lowest price target set, forecasting a price of $27.00 for Azure Power Global in the next year.
View the latest price targets for AZRE.

What is the current consensus analyst rating for Azure Power Global?

Azure Power Global currently has 1 hold rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe AZRE will outperform the market and that investors should add to their positions of Azure Power Global.
View the latest ratings for AZRE.

What other companies compete with Azure Power Global?

How do I contact Azure Power Global's investor relations team?

Azure Power Global's physical mailing address is 3RD FLOOR WORLDMARK 3 AEROCITY, NEW DELHI K7, 110037. The energy company's listed phone number is 91-11-4940-9800 and its investor relations email address is [email protected] The official website for Azure Power Global is www.azurepower.com.