Siemens Energy AG (OTCMKTS:SMNEY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Siemens Energy AG (OTCMKTS:SMNEY) have been assigned an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, two have assigned a buy recommendation and two have given a strong buy recommendation to the company.

Several brokerages have weighed in on SMNEY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Siemens Energy in a research report on Thursday, March 27th. Morgan Stanley reaffirmed an “overweight” rating on shares of Siemens Energy in a research note on Thursday, March 27th. Finally, UBS Group lowered Siemens Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, January 20th.

Siemens Energy Stock Performance

Shares of SMNEY stock opened at $65.90 on Friday. The firm’s 50-day simple moving average is $61.04 and its two-hundred day simple moving average is $53.13. Siemens Energy has a 52 week low of $18.20 and a 52 week high of $69.07. The firm has a market cap of $52.67 billion and a price-to-earnings ratio of -313.81.

Siemens Energy (OTCMKTS:SMNEY) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.24 earnings per share (EPS) for the quarter. Analysts forecast that Siemens Energy will post 0.24 earnings per share for the current year.

Siemens Energy Company Profile

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.