Independent Research set a €30.00 ($34.88) price objective on SMA Solar Technology (ETR:S92) in a report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Separately, Oddo Bhf set a €20.00 ($23.26) price target on SMA Solar Technology and gave the stock a sell rating in a report on Thursday, November 7th.

SMA Solar Technology stock opened at €31.42 ($36.53) on Monday. The firm has a market capitalization of $1.09 billion and a P/E ratio of -5.43. The company has a current ratio of 2.18, a quick ratio of 1.30 and a debt-to-equity ratio of 9.46. The stock’s fifty day simple moving average is €26.83 and its 200-day simple moving average is €23.55. SMA Solar Technology has a twelve month low of €14.53 ($16.90) and a twelve month high of €31.32 ($36.42).

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, Storage, and Digital Energy segments.

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