Trina Solar Limited (NYSE:TSL) Given “Buy” Rating at Canaccord Genuity

Trina Solar Limited (NYSE:TSL)‘s stock had its “buy” rating reaffirmed by stock analysts at Canaccord Genuity in a research note issued on Friday, November 3rd. They presently have a $3.25 price target on the semiconductor company’s stock. Canaccord Genuity’s target price indicates a potential downside of 71.84% from the stock’s current price.

Trina Solar Limited (TSL) traded up $0.01 on Friday, hitting $11.54. 4,726,300 shares of the stock were exchanged, compared to its average volume of 2,151,158. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.86 and a current ratio of 1.01. Trina Solar Limited has a one year low of $6.91 and a one year high of $11.54.

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Trina Solar Limited Company Profile

Trina Solar Limited is an integrated solar power products manufacturer and solar system developer based in China with a global distribution network. The Company has integrated the manufacturing of ingots, wafers and solar cells for use in its photovoltaic (PV) module production. Its PV modules provide electric power for residential, commercial, industrial and other applications.

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