Boston, MA – (Financialstrend) – 03/24/2014 – Bank of America analysts downgraded Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) from a “buy” to a “neutral” rating in the report that was issued on to investors. Separately, Deutsche Bank analysts have reiterated their “positive” rating on Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares in the research note on 2 January 2nd. One equities-research analyst has assigned a “sell” rating, 3 have given assigned a “hold” rating and 1 has assigned a “buy” rating to Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE). Currently, the average rating on Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is a” hold’ and the average price target is . $7.67
Yingli Green Energy Hold. Co. (NYSE:YGE) last released the company’s earnings-data on 18 March . It reported earnings per share of $0.31 for the quarter, which missed the average analyst projection of $0.17 by $0.14. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) reported revenue of $613.00M for the quarter, in comparison to the average projection of $651.55 million. In the same quarter of the previous year, Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) posted earnings per share of $0.93. Its revenue for the quarter rose 31.5% on a y-o-y basis. Analysts project that Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) will post Earnings per Share of $-0.36 for the current financial year.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is a photovoltaic- product, vertically integrated manufacturer globally. It designs & manufactures & sells PV modules, & designs, assembles, sells & installs PV systems. The company’s products & services substantially cover the whole PV industry value-chain, ranging from crystalline-polysilicon ingots & wafers, to PV cells & PV modules to manufacture of PV – systems and installation of PV -systems.
