Piper Sandler analyst Kashy Harrison maintained a Buy rating on Shoals Technologies Group (SHLS – Research Report) today and set a price target of $14.00. The company’s shares closed yesterday at $10.11.
According to TipRanks, Harrison is an analyst with an average return of -16.9% and a 34.75% success rate. Harrison covers the Technology sector, focusing on stocks such as Enphase Energy, First Solar, and Itron.
Shoals Technologies Group has an analyst consensus of Strong Buy, with a price target consensus of $18.80.
The company has a one-year high of $28.34 and a one-year low of $10.18. Currently, Shoals Technologies Group has an average volume of 3.86M.
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SHLS in relation to earlier this year.
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Shoals Technologies Group (SHLS) Company Description:
Shoals Technologies Group Inc is a provider of electrical balance of system or “EBOS” solutions for solar energy projects in the United States. The products are sold principally to EPCs that build solar energy projects.
Read More on SHLS:
- 5 Best Solar Stocks to Buy in April 2024, According to Analysts
- Lost Money on Shoals Technologies Group, Inc.(SHLS)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky LLP
- Shoals Technologies to continue to ‘vigorously defend’ patent complaint
- Shoals Technologies appoints CEO Moss to board of directors
- Shoals Technologies price target lowered to $13 from $15 at Barclays
