Berenberg Bank Reiterates “€60.00” Price Target for SMA Solar Technology (ETR:S92)

Berenberg Bank set a €60.00 ($61.22) price target on SMA Solar Technology (ETR:S92Get Rating) in a research report released on Monday morning, Borsen Zeitung reports.

Separately, Jefferies Financial Group set a €52.00 ($53.06) price objective on SMA Solar Technology in a report on Thursday, November 10th.

SMA Solar Technology Stock Up 1.3 %

ETR S92 opened at €60.60 ($61.84) on Monday. The company has a current ratio of 1.88, a quick ratio of 1.01 and a debt-to-equity ratio of 4.20. The stock’s 50 day moving average is €49.07 and its two-hundred day moving average is €47.67. The company has a market capitalization of $2.10 billion and a price-to-earnings ratio of -74.10. SMA Solar Technology has a 1-year low of €25.10 ($25.61) and a 1-year high of €61.00 ($62.24).

About SMA Solar Technology

(Get Rating)

SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Business Solutions, and Large Scale and Project Solutions segments.

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