Yingli Green Energy Holding Co. (NYSE:YGE)‘s stock had its “underperform” rating reiterated by equities researchers at Credit Suisse Group AG in a report issued on Monday. They presently have a $2.50 target price on the stock. Credit Suisse Group AG’s target price suggests a potential downside of 30.56% from the company’s current price.

YGE has been the subject of several other reports. Zacks Investment Research cut shares of Yingli Green Energy Holding from a “buy” rating to a “hold” rating in a research note on Saturday, October 22nd. Axiom Securities upgraded shares of Yingli Green Energy Holding from a “hold” rating to a “buy” rating and set a $5.40 target price for the company in a research note on Thursday, October 6th.

Yingli Green Energy Holding (NYSE:YGE) traded down 1.811% during trading on Monday, reaching $3.525. 7,352 shares of the company traded hands. The company’s market capitalization is $64.07 million. The firm has a 50-day moving average price of $3.83 and a 200-day moving average price of $3.88. Yingli Green Energy Holding has a 52 week low of $2.86 and a 52 week high of $8.00.

Yingli Green Energy Holding (NYSE:YGE) last announced its quarterly earnings data on Tuesday, August 23rd. The company reported $0.90 EPS for the quarter, beating the consensus estimate of ($0.35) by $1.25. The business had revenue of $379.80 million for the quarter, compared to analyst estimates of $370.54 million. During the same quarter in the previous year, the firm posted ($0.53) earnings per share. Analysts forecast that Yingli Green Energy Holding will post ($1.36) earnings per share for the current fiscal year.

Institutional investors have recently bought and sold shares of the company. California Public Employees Retirement System boosted its position in Yingli Green Energy Holding by 4.1% in the second quarter. California Public Employees Retirement System now owns 152,719 shares of the company’s stock worth $620,000 after buying an additional 6,000 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its position in Yingli Green Energy Holding by 20.5% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 60,122 shares of the company’s stock worth $244,000 after buying an additional 10,243 shares in the last quarter. Smith Asset Management Group LP bought a new position in Yingli Green Energy Holding during the second quarter worth $182,000. Profund Advisors LLC boosted its position in Yingli Green Energy Holding by 13.0% in the third quarter. Profund Advisors LLC now owns 51,792 shares of the company’s stock worth $200,000 after buying an additional 5,976 shares in the last quarter. Finally, KCG Holdings Inc. bought a new position in Yingli Green Energy Holding during the second quarter worth $117,000. Institutional investors own 7.64% of the company’s stock.

Yingli Green Energy Holding Company Profile

Yingli Green Energy Holding Company Limited is a solar panel manufacturer. The Company’s manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly. The Company’s end products include photovoltaic (PV) modules and PV systems of different sizes and power outputs.

5 Day Chart for NYSE:YGE

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