Jefferies Financial Group set a €65.00 ($76.47) price objective on SMA Solar Technology AG (S92.F) (ETR:S92) in a report released on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
S92 has been the subject of several other reports. Berenberg Bank set a €55.00 ($64.71) target price on shares of SMA Solar Technology AG (S92.F) and gave the company a buy rating in a research note on Thursday, November 19th. Independent Research set a €49.00 ($57.65) target price on shares of SMA Solar Technology AG (S92.F) and gave the company a neutral rating in a research note on Monday, November 16th.
Shares of SMA Solar Technology AG (S92.F) stock opened at €63.85 ($75.12) on Wednesday. The firm has a fifty day simple moving average of €54.16 and a 200-day simple moving average of €40.31. The company has a current ratio of 2.23, a quick ratio of 1.17 and a debt-to-equity ratio of 8.45. SMA Solar Technology AG has a 1-year low of €17.84 ($20.99) and a 1-year high of €71.80 ($84.47). The stock has a market capitalization of $2.22 billion and a price-to-earnings ratio of 204.36.
SMA Solar Technology AG, together with its subsidiaries, develops, produces, and sells solar and battery inverters, monitoring systems for photovoltaic (PV) systems, medium-voltage technology products, transformers, and chokes worldwide. The company offers string and central solar inverters for various module types, grid-connection and feeding into stand-alone grids, small house systems, and commercial systems; battery inverters for high-voltage batteries, on- and off-grid applications, commercial and industrial storage solutions, storage solutions, and accessories; and preconfigured system components.
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