Trina Solar Limited (TSL) Receives Consensus Rating of “Hold” from Analysts

Trina Solar Limited (NYSE:TSL) has been assigned an average recommendation of “Hold” from the seven research firms that are presently covering the stock. One investment analyst has rated the stock with a sell recommendation and six have assigned a hold recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $9.94.

TSL has been the subject of several recent research reports. Axiom Securities restated a “sell” rating on shares of Trina Solar Limited in a research note on Thursday, February 2nd. Zacks Investment Research cut Trina Solar Limited from a “hold” rating to a “sell” rating in a report on Thursday, January 5th.

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Institutional investors have recently made changes to their positions in the stock. Tudor Investment Corp Et Al boosted its position in shares of Trina Solar Limited by 5.1% in the fourth quarter. Tudor Investment Corp Et Al now owns 11,455 shares of the company’s stock valued at $107,000 after buying an additional 555 shares in the last quarter. Two Sigma Investments LP bought a new position in shares of Trina Solar Limited during the fourth quarter valued at $226,000. Scotia Capital Inc. boosted its position in shares of Trina Solar Limited by 3.8% in the fourth quarter. Scotia Capital Inc. now owns 27,540 shares of the company’s stock valued at $256,000 after buying an additional 1,000 shares in the last quarter. Allianz Asset Management AG bought a new position in shares of Trina Solar Limited during the fourth quarter valued at $328,000. Finally, BNP Paribas Arbitrage SA boosted its position in shares of Trina Solar Limited by 35.1% in the third quarter. BNP Paribas Arbitrage SA now owns 64,766 shares of the company’s stock valued at $663,000 after buying an additional 16,815 shares in the last quarter. 61.40% of the stock is owned by hedge funds and other institutional investors.

Trina Solar Limited (NYSE:TSL) opened at 11.54 on Tuesday. Trina Solar Limited has a 12-month low of $6.91 and a 12-month high of $11.54. The company has a 50-day moving average price of $10.39 and a 200 day moving average price of $10.16.

Trina Solar Limited Company Profile

Trina Solar Limited is an integrated solar power products manufacturer and solar system developer based in China with a global distribution network. The Company has integrated the manufacturing of ingots, wafers and solar cells for use in its photovoltaic (PV) module production. Its PV modules provide electric power for residential, commercial, industrial and other applications.

5 Day Chart for NYSE:TSL

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