Shares of Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY – Get Free Report) have received an average recommendation of “Moderate Buy” from the eleven brokerages that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating, five have given a buy rating and three have assigned a strong buy rating to the company.
Several brokerages recently issued reports on SMNEY. Zacks Research raised shares of Siemens Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, September 1st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Siemens Energy in a research note on Friday, November 21st. Evercore ISI began coverage on shares of Siemens Energy in a report on Monday. They set an “outperform” rating for the company. Citigroup reissued a “neutral” rating on shares of Siemens Energy in a report on Thursday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Siemens Energy in a research report on Friday, November 14th.
Read Our Latest Stock Analysis on SMNEY
Siemens Energy Trading Down 4.4%
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.
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