Analyst Price Target is $11.73
▲ +124.35% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for ReneSola in the last 3 months. The average price target is $11.73, with a high forecast of $15.00 and a low forecast of $7.70. The average price target represents a 124.35% upside from the last price of $5.23.
Current Consensus is
The current consensus among 4 investment analysts is to buy stock in ReneSola. This rating has held steady since June 2020, when it changed from a Hold consensus rating.
ReneSola Ltd. engages in the manufacture of solar wafers and modules. It operates through the following segments: Wafer, Cell and Module, and Solar Power Projects. The Wafer segment includes manufacture and sales of monocrystalline and multicrystalline solar wafers and processing services. The Cell and Module segment involves in the manufacture and sale of PV cells and modules. The Solar Power Projects segment offers solar power project development, EPC services, and electricity. The company was founded on March 17, 2006 and is headquartered in Putuo District, China.