Macquarie set a €32.86 ($39.12) target price on SMA Solar Technology (ETR:S92) in a research report released on Friday morning. The brokerage currently has a neutral rating on the stock.

A number of other research analysts have also weighed in on the stock. Warburg Research set a €20.00 ($23.81) price target on shares of SMA Solar Technology and gave the company a sell rating in a research report on Thursday, August 10th. Oddo Bhf set a €28.00 ($33.33) price target on shares of SMA Solar Technology and gave the company a sell rating in a research report on Thursday, August 17th. Finally, Independent Research set a €28.00 ($33.33) price target on shares of SMA Solar Technology and gave the company a sell rating in a research report on Wednesday, November 15th.

SMA Solar Technology (ETR S92) traded down €0.27 ($0.32) during trading on Friday, hitting €33.24 ($39.57). 144,399 shares of the company’s stock were exchanged, compared to its average volume of 135,108. SMA Solar Technology has a 12-month low of €21.50 ($25.60) and a 12-month high of €42.40 ($50.48).

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About SMA Solar Technology

SMA Solar Technology AG, together with its subsidiaries, develops, produces, and distributes photovoltaic (PV) inverters, transformers, choke coils, and monitoring and energy management systems for PV systems worldwide. It operates through Residential, Commercial, Utility, Service, and Other segments.

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