Independent Research set a €19.00 ($22.09) price objective on SMA Solar Technology (ETR:S92) in a research note published on Friday, March 29th, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Separately, Oddo Bhf set a €17.00 ($19.77) target price on SMA Solar Technology and gave the company a sell rating in a research report on Friday, March 29th.
Shares of ETR S92 traded up €0.92 ($1.07) during trading hours on Friday, reaching €21.02 ($24.44). The stock had a trading volume of 54,957 shares, compared to its average volume of 110,058. The stock has a market cap of $729.39 million and a PE ratio of -4.16. The company has a quick ratio of 1.49, a current ratio of 2.20 and a debt-to-equity ratio of 4.81. SMA Solar Technology has a fifty-two week low of €14.53 ($16.90) and a fifty-two week high of €63.15 ($73.43).
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, Service, and Other segments.
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