Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) Receives “Sell” Rating

1018

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.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.