Wednesday, February 9, 2011

Analyst Actions on Chinese Stocks: CAGC, TSL (Feb 8, 2011)

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.

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...