[uchsteve 115]

According to Bloomberg: CSIQ Analyst Updates as of 8/13/14

 

Goldman Sachs - Neutral ($28)

JP Morgan - overweight ($43.50)

FBR - outperform ($40)

Canaccord - buy ($44)

Nomura - buy ($45)

[Guest singular]

GS at $28 price target is funny.

[Paybak66 41]

Very curious to see how JKS managed its FX and any other possible financial "landmines" that could damage an otherwise probably healthy quarter for them come Monday. Lots of good press from them lately....new deals, SA facility, etc.

Hmmmmm.....may be another one to hold thru earnings. Gulp....

[Guest JMK]

GS at $28 price target is funny.

probably they forgot to take a look at today's end of session trading. And probably they did not buy  all the position they wanted:)).

With 1.40-1.50 Q3 EPS and likely $4+ in 2014, and taking into account a current general market sentiment CSIQ (being valued like FSLR) must trade in 90-100 range with PE=22-25. If you compare CSIQ to SUNE, SPWR, GTAT, etc.  CSIQ share price must be much higher.  

[Pop2mollys 416]

Nomura Reiterates $45 target on CSIQ

Nomura Securities expects Canadian Solar’s earnings momentum to continue into 2015. Here are analysts Nitin Kumar and Bineet Banka:

The key surprise came from net sales of USD623.8mn (12.5% ahead of our estimates) primarily backed by 2Q14 shipments of 646MW (5% ahead of our estimates) and higher-thanexpected ASPs.

With the company also noting that it is evaluating a YieldCo-like vehicle sometime next year,

we see CSIQ is well on track to monetise its project pipeline with strong earnings momentum ahead.

Nomura re-iterated its price target of $45.

[odyd 1,340]

BIPV and I discussed ASP based on CEDR for CSIQ. High volume was always on our expectation using CEDR. My view was that GADP was very close or a bit higher than Q1.

[Guest chrisceeaustin]

According to Bloomberg: CSIQ Analyst Updates as of 8/13/14

 

Goldman Sachs - Neutral ($28)

JP Morgan - overweight ($43.50)

FBR - outperform ($40)

Canaccord - buy ($44)

Nomura - buy ($45)

Thanks for posting this.  I hope JKS's 40 and 50 dollar price targets also end up being reasonable.

[Guest spiritcraft]

Is that GS target new?

[Guest sc_solar]

GS is a huge house, but they always seem to have ulterior motive. I should have known with them being on the CC they would come out with a ridiculous price target. Basically they are crooks and have been proven to be so time and again. 

 

I would disregard that price target and say the other ones are pretty accurate close range target(if not a tad conservative), but IMO we will meet or beat even the best of those going into Q4. Someone mentioned FSLR P/E's in comparison to CSIQ (if we got that we would have a 65-70PPS at year end). I am not sure we will ever get there being Canada/Chinese, but Q2 was an awesome performance with two even better Q's coming to close out the year. When you compare earnings and caps to SPWR for example, it seems CSIQ is undervalued. I dont see anyway they will be able to keep this thing down once we enter the 4$ +/- EPS for full year. Hope JKS has a great Monday as well. GLTA 

[sunnysky 905]

Regarding to GS, is this a joke?

 

 

Goldman Sachs initiated coverage on shares of Sunedison (NASDAQ:SUNE) in a research note issued on Tuesday. The firm set a “buy” rating and a $21.65 price target on the stock. Goldman Sachs’ price target would indicate a potential upside of 2.36% from the company’s current price.