Analyst Insight: Yingli Green Energy

Barclays analyst Vishal Shah said he liked the near term risk reward scenario in shares of Yingli Green Energy (NYSE:YGE) citing strong second half fundamentals and stable currency outlook which could drive upside to consensus estimates. Barclays is raising its 2010 EPS estimate to $1.20, well above the $0.83 consensus estimate. For 2011, Barclays also lifts its estimate to $1.05, vs. $0.88 consensus.

Mr. Shah also points out that YGE shares have underperformed the broader market (down 25% vs -3% for S&P) and lagged other Chinese solar peers such as JA Solar (NASDAQ:JASO) and Solarfun (NASDAQ:SOLF).

Barclays keeps the shares rated "Equal Weight" with a price target of $14.

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