SMA Solar Technology AG (S92.F) (ETR:S92) Given a €65.00 Price Target at Jefferies Financial Group

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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 (S92.F) Company Profile

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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