Azure Power Global Limited (AZRE) Buy or Sell Stock Guide
The analysis below may be helpful to you if you have any of the following questions about AZRE stock:
- Is AZRE a buy or a sell?
- Should I sell or hold AZRE stock today?
- Is AZRE a good buy / a good investment?
- What are AZRE analyst opinions, recommendations, ratings?
Here are AZRE stock buy reasons/signals:
1. AZRE quarterly revenue growth was 83.80%, higher than the industry and sector average revenue growth (1.55% and 1.55%, respectively).
2. AZRE forward P/E ratio is 19.92, and it’s low compared to its industry peers’ P/E ratios.
3. AZRE Price/Book ratio is 1.82, and it’s low compared to its industry peers’ P/B ratios.
4. AZRE Price/Sales ratio is 4.80, and it’s low compared to its industry peers’ P/S ratios.
5. AZRE average analyst rating is Strong Buy.
6. AZRE average analyst price target ($21.33) is above its current price ($15.80).
There are no AZRE stock sell reasons/signals.
What are your thoughts on AZRE?
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