Jefferies Financial Group Reiterates “€35.00” Price Target for SMA Solar Technology (ETR:S92)

Jefferies Financial Group set a €35.00 ($37.23) price target on SMA Solar Technology (ETR:S92Get Rating) in a research report sent to investors on Monday, Borsen Zeitung reports.

Separately, Berenberg Bank set a €40.00 ($42.55) target price on SMA Solar Technology in a research note on Tuesday, May 17th.

Shares of S92 opened at €46.16 ($49.11) on Monday. The company has a quick ratio of 1.07, a current ratio of 2.02 and a debt-to-equity ratio of 11.89. SMA Solar Technology has a 12-month low of €25.10 ($26.70) and a 12-month high of €50.90 ($54.15). The stock has a market cap of $1.60 billion and a P/E ratio of -54.42. The business’s fifty day moving average is €41.28 and its 200 day moving average is €38.26.

About SMA Solar Technology (Get Rating)

SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Business Solutions, and Large Scale and Project Solutions segments.

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