Shoals Technologies Group (NASDAQ:SHLS) Now Covered by UBS Group

UBS Group began coverage on shares of Shoals Technologies Group (NASDAQ:SHLS) in a research report report published on Monday, The Fly reports. The firm issued a buy rating and a $48.00 target price on the stock.

Other research analysts have also issued reports about the company. Guggenheim began coverage on Shoals Technologies Group in a research report on Monday. They issued a buy rating and a $48.00 price objective on the stock. The Goldman Sachs Group assumed coverage on Shoals Technologies Group in a research report on Monday. They set a neutral rating and a $30.00 target price on the stock. Credit Suisse Group assumed coverage on Shoals Technologies Group in a research report on Monday. They set a neutral rating and a $40.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on Shoals Technologies Group in a research report on Monday. They set an overweight rating and a $44.00 target price on the stock. Finally, Cowen assumed coverage on Shoals Technologies Group in a research report on Monday. They set an outperform rating and a $39.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of $42.78.

Shares of Shoals Technologies Group stock opened at $39.71 on Monday. Shoals Technologies Group has a twelve month low of $30.04 and a twelve month high of $44.04.

About Shoals Technologies Group

Shoals Technologies Group, Inc provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It offers EBOS components, such as cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, and splice boxes that carry the electric current produced by solar panels to an inverter and to the power grid.

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The Fly

Analyst Recommendations for Shoals Technologies Group (NASDAQ:SHLS)

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