Boston, MA – (NYSEPOST) – 02/12/2014 – Cowen and Company analysts have set a price target of $5.00 on shares of Real Goods Solar, Inc (NASDAQ:RSOL) stock in the research report that was issued to investors and clients on Monday. Cowen and Company’s price-objective would suggest a potential-upside of 32.63 percent from Real Goods Solar, Inc (NASDAQ:RSOL)’s stock’s previous close. Numerous other analysts have weighed on the company’s tock recently. Analysts at Zacks have downgraded shares of Real Goods Solar, Inc (NASDAQ:RSOL) to a “neutral” rating in the research note to investors on 31 December 31st and they currently have a price target of $3.10 on the stock.
Analysts at Sidoti have initiated coverage on Real Goods Solar, Inc (NASDAQ:RSOL) shares in the research note to investors on 25 November and they have assigned a “buy” rating on the Real Goods Solar, Inc (NASDAQ:RSOL) stock. Last month, Real Goods Solar, Inc (NASDAQ:RSOL) a country-wide leader of turnkey solar-energy solutions, changed the company’s brand-identity to RGS Energy. The company’s Chief Executive Officer, Kam Mofid said that the brand name change comes at a very defining moment in the company’s history and in the solar-energy industry. Solar is now commanding a much larger chunk of global-energy production, and in the U.S., solar deployments have also grown dramatically.
He said that it is remarkable to see that the total installations have also grown by almost 500% since the year 2010 to more than 4 GW in 2013. Mofid added that in numerous ways, the company is still in the nascent stages of the energy revolution. A larger number of customers in the United States are now seeking clean and cost-effective sources of power and solar energy is all that and more. Currently, there are more than 10.2 GW of cumulative solar-electric capacity operating systems in the country and Real Goods Solar, Inc (NASDAQ:RSOL) is proud to be part of this growing industry.