▼ -13.16% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Azure Power Global in the last 3 months. The average price target is $31.40, with a high forecast of $38.00 and a low forecast of $27.00. The average price target represents a -13.16% upside from the last price of $36.16.
The current consensus among 5 investment analysts is to buy stock in Azure Power Global. This Buy consensus rating has held steady for over two years.
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2020, the company operated 43 utility scale projects and various commercial rooftop projects with a combined rated capacity of 1,808 MW. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.