Independent Research set a €19.20 ($22.33) price objective on SMA Solar Technology (ETR:S92) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Separately, Oddo Bhf set a €17.00 ($19.77) price target on SMA Solar Technology and gave the company a sell rating in a research note on Friday, March 29th.
S92 stock opened at €18.87 ($21.94) on Wednesday. The firm has a market capitalization of $657.57 million and a price-to-earnings ratio of -3.47. The company has a debt-to-equity ratio of 10.29, a quick ratio of 1.52 and a current ratio of 2.27. SMA Solar Technology has a twelve month low of €14.53 ($16.90) and a twelve month high of €61.25 ($71.22).
SMA Solar Technology AG, together with its subsidiaries, develops, produces, and distributes photovoltaic (PV) inverters, transformers, choke coils, and monitoring and energy management systems for PV systems worldwide. It operates through Residential, Commercial, Utility, Storage, and Digital Energy segments.
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