Below are today's Analyst Actions on U.S.-Listed Chinese Stocks.
Chardan Capital Markets reiterated Sell rating on China Agritech Inc. (NASDAQ:CAGC), and cut price target from $8 to $5. The stock is rated Strong Buy by three of the four analysts covering it. Analysts have an average price target of $13.33 on it. CAGC is trading at a price-to-earnings ratio of 45.20x and a market cap of $198.34M. It has traded in the range of $9.12-$30.75 in the last 52 weeks. Its Beta is 1.85. Morgan Stanley maintained Overweight rating and $33.50 price target on Trina Solar Limited (NYSE:TSL). The stock is rated Strong Buy or Buy by 26 of the 31 analysts covering it. Analysts have an average price target of $34.72 on it. TSL is trading at a price-to-earnings ratio of 9.22x and a market cap of $3.74B. It has traded in the range of $14.85-$31.89 in the last 52 weeks. Its Beta is 3.10.
Negocioenlinea
tdp2664
China Analyst
Analyst Actions on Chinese Stocks: CAGC, TSL (Feb 8, 2011)
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