NYSE:SOL - ReneSola Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $11.73
  • Forecasted Upside: 124.35 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$5.23
▼ -0.83 (-13.70%)

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Analyst Price Target for SOL

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.

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

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  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/12/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/10/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/9/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/9/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/7/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/5/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/4/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/4/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/5/2021Raymond JamesLower Price TargetOutperform$14.50 ➝ $12.50Low
9/1/2021Roth CapitalLower Price TargetNeutral$8.20 ➝ $7.70Low
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
(Data available from 12/5/2016 forward)

News Sentiment Rating

0.33 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/9/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/8/2021
  • 1 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/8/2021
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/7/2021
  • 1 very positive mentions
  • 14 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
9/6/2021
  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
10/6/2021
  • 4 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
11/5/2021
  • 5 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
12/5/2021

Current Sentiment

  • 5 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
ReneSola logo
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.
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Today's Range

Now: $5.23
Low: $5.05
High: $5.97

50 Day Range

MA: $7.55
Low: $5.23
High: $9.48

52 Week Range

Now: $5.23
Low: $5.05
High: $35.77

Volume

4,319,017 shs

Average Volume

2,401,844 shs

Market Capitalization

$364.78 million

P/E Ratio

26.15

Dividend Yield

N/A

Beta

2.32

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 $11.73, suggesting a possible upside of 124.3%. 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 $7.70 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.

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 8657362809180 and its investor relations email address is [email protected] The official website for ReneSola is www.renesolapower.com.