Berenberg Bank set a €55.00 ($64.71) target price on SMA Solar Technology AG (S92.F) (ETR:S92) in a research report sent to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
S92 has been the topic of several other reports. Jefferies Financial Group set a €48.00 ($56.47) price target on shares of SMA Solar Technology AG (S92.F) and gave the company a buy rating in a research note on Thursday, November 12th. Independent Research set a €49.00 ($57.65) price target on SMA Solar Technology AG (S92.F) and gave the stock a neutral rating in a report on Monday, November 16th.
Shares of SMA Solar Technology AG (S92.F) stock opened at €48.22 ($56.73) on Thursday. The firm has a market capitalization of $1.67 billion and a P/E ratio of 146.79. SMA Solar Technology AG has a 52 week low of €17.84 ($20.99) and a 52 week high of €52.15 ($61.35). The company has a quick ratio of 1.17, a current ratio of 2.23 and a debt-to-equity ratio of 8.45. The firm’s 50 day moving average is €41.04 and its two-hundred day moving average is €33.22.
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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