Is Canadian Solar Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NASDAQ: CSIQ) stock is to Sell CSIQ stock.
Out of 4 analysts, 0 (0%) are recommending CSIQ as a Strong Buy, 0 (0%) are recommending CSIQ as a Buy, 3 (75%) are recommending CSIQ as a Hold, 0 (0%) are recommending CSIQ as a Sell, and 1 (25%) are recommending CSIQ as a Strong Sell.
According to 4 Wall Street analysts that have issued a 1 year CSIQ price target, the average CSIQ price target is $33.31, with the highest CSIQ stock price forecast at $46.00 and the lowest CSIQ stock price forecast at $12.22.
On average, Wall Street analysts predict that Canadian Solar's share price could fall to $33.31 by Feb 9, 2024. The average Canadian Solar stock price prediction forecasts a potential downside of 13.99% from the current CSIQ share price of $38.72.
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