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JKS

JinkoSolar

$19.74

-0.03 (-0.15%)

06:54
04/24/19
04/24
06:54
04/24/19
06:54

JinkoSolar supplies 100MW of solar modules to Vietnam solar power complex

JinkoSolar announced that it has supplied 100MW of solar modules for the Srepok 1 and Quang Minh Solar Power Plant Complex, one of the Vietnam's largest solar power projects. The project is located in Buon Don district in the Central Highlands province of Dak Lak. Construction began in October 2018 with commercial operations beginning in January. A total of $95M was invested in the project by Dai Hai Investment. The project is expected to reduce the need to import approximately 90,000 tons of coal into Vietnam annually and reduce CO2 emissions by 72,000 tons.

JKS JinkoSolar
$19.74

-0.03 (-0.15%)

12/19/18
12/19/18
INITIATION

JinkoSolar initiated with a Sell at Williams Research
Williams Research Partners started JinkoSolar with a Sell rating and $1 price target.
02/04/19
ROTH
02/04/19
UPGRADE
ROTH
Buy
JinkoSolar upgraded to Buy from Neutral at Roth Capital
02/04/19
02/04/19
UPGRADE
Target $20

Buy
JinkoSolar upgraded to Buy at Roth Capital on global demand strength
As previously reported, Roth Capital analyst Philip Shen upgraded JinkoSolar to a Buy from a Neutral on global demand strength ex-China. The analyst expects tight module supply to drive pricing modestly higher in the U.S. and around the world. With costs likely muted/low and ASPs moving up, Shen takes up his 2019/2020 estimates and sees greater earnings power ahead. The analyst also raised his price target on the shares to $20 from $11.50 as he continues to see upside for the stock.
03/06/19
VERF
03/06/19
NO CHANGE
VERF
Sell
JinkoSolar a 'screaming short' given debt obligations, says Vertical Group
Vertical Group analyst Gordon Johnson said in an email that he believes JinkoSolar is a "screaming short" given that the company has not denied they are obligated for Jinko Power's "suspended" $299M bond offering, replying only that they "believe Jinko Power will be able to raise debt this year." In his email, Johnson added: "If they're wrong, which they were when Jinko Power tried to issue debt earlier this year, you're talking about an unknown debt liability the size of JKS' market cap (yes, you heard that right)." Johnson has a Sell rating on JinkoSolar shares.

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