SMA Solar Technology (ETR:S92) “Neutral” Rating Has Just Been Reiterated by Oddo Seydler Bank AG


SMA Solar Technology (ETR:S92) Rating Reaffirmed

SMA Solar Technology (ETR:S92) stock “Neutral” rating has been reiterated at Oddo Seydler Bank AG in an analyst note sent to investors on Friday morning.

From a total of 4 analysts covering SMA Solar Technology (ETR:S92) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is €53 while the lowest target price is €29. The mean of all analyst targets is €44.50 with a -12.75% below today’s (€51) stock price. SMA Solar Technology was the topic of 13 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. Warburg Research upgraded shares on December 17 to “Buy” rating. Deutsche Bank upgraded S92 stock in a recent report from October 8 to “Buy” rating.

The stock increased 8.01% or EUR 3.78 on December 17, striking EUR 51. Approximately 460,230 shares of stock traded hands or 125.68% up from the average. SMA Solar Technology AG (ETR:S92) has risen 212.39% since May 21, 2015 and is uptrending. It has outperformed by 214.66% the S&P500.

SMA Solar Technology (ETR:S92)

SMA Solar Technology AG is a German holding firm engaged in the solar technology sector. The company has a market cap of 1.69 billion EUR. It operates five divisions: Medium Power Solutions; Power Plant Solutions; Service; Zeversolar, and Railway Technology. It currently has negative earnings. Medium Power Solutions division covers the Sunny Boy, Sunny Mini Central, Sunny Island product families, as well as develops products for monitoring photovoltaic systems and energy management.