NYSE:AZRE - Azure Power Global Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $31.40
  • Forecasted Upside: -13.16 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$36.16
▲ +2.91 (8.75%)
1 month | 3 months | 12 months
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Analyst Price Target for AZRE

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$31.40
▼ -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.
Buy
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.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/5/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/3/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/2/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/1/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/30/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/28/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/27/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/26/2020

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/12/2020Roth CapitalBoost Price TargetBuy$24.00 ➝ $35.00Medium
i
10/20/2020Credit Suisse GroupBoost Price TargetOutperform$23.00 ➝ $30.00High
i
9/28/2020HSBCDowngradeBuy ➝ Hold$18.00 ➝ $27.00High
i
9/18/2020JMP SecuritiesBoost Price Target$28.00 ➝ $38.00High
i
8/17/2020BarclaysBoost Price TargetOverweight$22.00 ➝ $27.00High
i
6/16/2020Credit Suisse GroupReiterated RatingBuy$23.00Low
i
6/16/2020BarclaysBoost Price TargetOverweight$19.00 ➝ $22.00Low
i
6/16/2020JMP SecuritiesLower Price TargetOutperform$30.00 ➝ $28.00Low
i
12/16/2019Roth CapitalReiterated RatingBuyMedium
i
Rating by P. Shen at Roth Capital
11/25/2019Jefferies Financial GroupInitiated CoverageBuy$15.20Low
i
11/8/2019BarclaysUpgradeEqual Weight ➝ Overweight$13.00 ➝ $19.00High
i
10/17/2019HSBCInitiated CoverageBuyMedium
i
6/12/2019JMP SecuritiesLower Price TargetMarket Outperform$31.00 ➝ $26.00Low
i
2/18/2019BarclaysReiterated RatingHold$13.00Low
i
2/14/2019Credit Suisse GroupSet Price TargetBuy$22.00Low
i
Rating by Maheep Mandloi at Credit Suisse Group AG
1/7/2019BarclaysInitiated CoverageEqual Weight$12.00Medium
i
11/16/2018JMP SecuritiesBoost Price TargetMarket Outperform ➝ Market Outperform$30.00 ➝ $31.00Low
i
Rating by Joseph Osha at JMP Securities
11/15/2018Roth CapitalReiterated RatingBuyMedium
i
Rating by P. Shen at Roth Capital
11/14/2018Credit Suisse GroupSet Price TargetBuy$22.00Low
i
Rating by Maheep Mandloi at Credit Suisse Group AG
10/11/2018JMP SecuritiesReiterated RatingOutperform$26.00 ➝ $30.00Low
i
Rating by Joseph Osha at JMP Securities
10/9/2018Credit Suisse GroupDowngradeBuy$24.00 ➝ $22.00Low
i
Rating by Maheep Mandloi at Credit Suisse Group AG
8/17/2018Janney Montgomery ScottInitiated CoverageBuyMedium
i
7/30/2018JMP SecuritiesInitiated CoverageOutperform$26.00Low
i
6/18/2018Credit Suisse GroupBoost Price TargetOutperform ➝ Outperform$22.00 ➝ $24.00High
i
8/20/2017Roth CapitalSet Price TargetBuy$22.00Low
i
2/6/2017Roth CapitalSet Price TargetBuy$22.00N/A
i
Rating by P. Shen at Roth Capital
12/1/2016BarclaysInitiated CoverageOverweight$23.00N/A
i
11/29/2016Roth CapitalInitiated CoverageBuy$22.00N/A
i
Rating by P. Shen at Roth Capital
11/24/2016Credit Suisse GroupSet Price TargetBuy$21.00N/A
i
11/7/2016Credit Suisse GroupInitiated CoverageOutperform$21.00N/A
i
(Data available from 11/27/2015 forward)
Azure Power Global logo
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.
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Today's Range

Now: $36.16
$34.13
$37.49

50 Day Range

MA: $29.02
$26.10
$36.16

52 Week Range

Now: $36.16
$11.75
$37.49

Volume

248,111 shs

Average Volume

62,291 shs

Market Capitalization

$1.74 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.51