Analyst Price Target is $5.80
▲ +136.25% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Emeren Group in the last 3 months. The average price target is $5.80, with a high forecast of $8.00 and a low forecast of $3.20. The average price target represents a 136.25% upside from the last price of $2.46.
Current Consensus is
The current consensus among 4 polled investment analysts is to buy stock in Emeren Group. This Buy consensus rating has held steady for over two years.
Emeren Group Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects. It owns and operates 3 gigawatt pipeline of projects and independent power producer assets. The company also develops community solar gardens; and sells project rights. In addition, it engages in 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. It operates in China, United States, UK, Spain, France, Poland, Italy, Hungary, and Internationally. The company was formerly known as ReneSola Ltd and changed its name to Emeren Group Ltd in January 2023. Emeren Group Ltd was founded in 2005 and is headquartered in Stamford, Connecticut.