On Wednesday, Shares of Sunedison Inc (NYSE:SUNE), dropped -15.60% and is at $4.87 in the Real-Time trading session. The firm opened its current trade at $5.70. The total volume traded for the day is 75.47M shares, as compared to its average daily volume of 31.15M shares. The stock is floating in a range of $4.75 - $5.72. The stocks hold the market capitalization of $1.83B.
SunEdison (NYSE:SUNE) had its stock rating noted as “Neutral” by analysts at UBS. UBS presently has a $6.0 PT on the $1.73 billion market cap company or 3.99 % upside potential. This was revealed in a report on Wednesday, 11 November, according to octafinance
NYSE:SUNE is at the moment trading -13.60% lower at $4.99 as of 03:46 New York time. SunEdison’s stock is down -70.9% in the past 200 days. It has underperformed the S&P 500 Index, which has gained 2.57% in the same time period.
According to data compiled by Thomson Reuters, SunEdison (NYSE:SUNE)’s stock is covered by 15 equity analysts across the Street, with 0 analysts giving it a Sell rating, 13 a Buy rating, while 3 consider it a Hold. The 12-month consensus target price for the stock is $20.33, which reflects an upside potential of 307.41% over the current price. Octafinance Report
The mean estimate for the short term price target for Sunedison Inc (NYSE:SUNE), stands at $20.33 according to 15 Analysts. The higher price target estimate for the stock has been calculated at $42.00 while the lower price target estimate is at $9.00.
Analysts mean recommendation for the stock is 1.90. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.
SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials. The Solar Energy segment provides solar energy services that integrate the design, installation, financing, monitoring, operations, and maintenance portions of the downstream solar market. It also manufactures polysilicon, silicon wafers, and solar modules.
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