JA Solar was Downgraded to a Sell Rating at Axiom

By Jason Carr

JA Solar (NASDAQ: JASO) received a Sell rating from Axiom analyst Gordon Johnson today. The company’s shares closed yesterday at $6.38.

According to TipRanks.com, Johnson is a 3-star analyst with an average return of 1.1% and a 54.6% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Canadian Solar Inc, Trinity Industries, and China Sunergy Co.

JA Solar has an analyst consensus of Moderate Sell, with a price target consensus of $6.35.

The company has a one year high of $7.74 and a one year low of $4.42. Currently, JA Solar has an average volume of 512.4K.

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JA Solar Holdings Co., Ltd. engages in the design, development, and manufacture of solar power products. It operates through the following segments: Manufacturing and Solar Projects. The Manufacturing segment designs, develops, and manufactures photovoltaic products.