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NYSE:SOL - ReneSola Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $12.57
  • Forecasted Upside: 77.00 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$7.10
▼ -0.1 (-1.39%)

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

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Analyst Price Target for SOL

Analyst Price Target is $12.57
▲ +77.00% 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 $12.57, with a high forecast of $15.00 and a low forecast of $8.20. The average price target represents a 77.00% upside from the last price of $7.10.

This chart shows the closing price for SOL 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 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.

Past Monthly Recommendations

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

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/11/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/11/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/9/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/7/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/5/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/6/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/5/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/4/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/9/2021SidotiInitiated CoverageBuyHigh
5/26/2021Roth CapitalLower Price TargetNeutral$11.00 ➝ $8.20High
4/30/2021HC WainwrightReiterated RatingBuy$15.00Low
3/29/2021HC WainwrightBoost Price TargetBuy$12.00 ➝ $15.00High
3/15/2021Raymond JamesInitiated CoverageOutperform$14.50N/A
3/8/2021Raymond JamesInitiated CoverageOutperform$14.50High
12/14/2020HC WainwrightBoost Price TargetBuy$4.00 ➝ $12.00High
9/17/2020HC WainwrightInitiated CoverageBuy$4.00High
6/27/2019Roth CapitalReiterated RatingNeutralLow
5/2/2019Imperial CapitalReiterated RatingOutperform ➝ Outperform$20.00 ➝ $22.00Medium
6/21/2018Roth CapitalUpgradeSell ➝ NeutralHigh
6/4/2018Roth CapitalDowngradeNeutral ➝ Sell$2.00Medium
12/21/2017Roth CapitalSet Price TargetHold$3.00Low
11/25/2017Roth CapitalSet Price TargetHold$3.00Low
10/16/2017Roth CapitalUpgradeSell ➝ Neutral$3.00N/A
6/17/2017Roth CapitalSet Price TargetSell$2.00Medium
3/29/2017Credit Suisse GroupUpgradeUnderperform ➝ Neutral$5.00 ➝ $4.00Medium
12/1/2016Roth CapitalReiterated RatingSell$5.00 ➝ $3.25N/A
11/14/2016Credit Suisse GroupReiterated RatingUnderperform$5.00N/A
8/18/2016Credit Suisse GroupSet Price TargetSell$7.50 ➝ $5.00N/A
8/5/2016Roth CapitalDowngradeHold ➝ SellN/A
(Data available from 8/5/2016 forward)
ReneSola logo
ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells projects rights. In addition, its engineering, and procurement and construction business includes engineering design, procurement of solar modules, balance-of-system components and other components, and construction contracting and management services. Further, the company generates and sells electricity. As of December 31, 2020, it operated approximately 100 solar power projects with an aggregate capacity of 173 megawatts. ReneSola Ltd has operations in the United States and Europe. The company was founded in 2005 and is headquartered in Stamford, Connecticut.
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Today's Range

Now: $7.10
Low: $7.04
High: $7.33

50 Day Range

MA: $8.18
Low: $6.83
High: $9.74

52 Week Range

Now: $7.10
Low: $1.51
High: $35.77

Volume

560,035 shs

Average Volume

2,978,543 shs

Market Capitalization

$495.21 million

P/E Ratio

44.38

Dividend Yield

N/A

Beta

2.3

Frequently Asked Questions

What sell-side analysts currently cover shares of ReneSola?

The following equities research analysts have issued research reports on ReneSola in the last year: HC Wainwright, Raymond James, Roth Capital, Sidoti, and TheStreet.
View the latest analyst ratings for SOL.

What is the current price target for ReneSola?

3 Wall Street analysts have set twelve-month price targets for ReneSola in the last year. Their average twelve-month price target is $12.57, suggesting a possible upside of 74.5%. HC Wainwright has the highest price target set, predicting SOL will reach $15.00 in the next twelve months. Roth Capital has the lowest price target set, forecasting a price of $8.20 for ReneSola in the next year.
View the latest price targets for SOL.

What is the current consensus analyst rating for ReneSola?

ReneSola currently has 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SOL will outperform the market and that investors should add to their positions of ReneSola.
View the latest ratings for SOL.

What other companies compete with ReneSola?

How do I contact ReneSola's investor relations team?

ReneSola's physical mailing address is 3RD FLOOR 850 CANAL ST, STAMFORD CT, 06902. The semiconductor company's listed phone number is 347-577-9055 and its investor relations email address is [email protected] The official website for ReneSola is www.renesolapower.com.

Tech Could Disrupt Gold Mining
How is this technology going to change the gold mining industry?