Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) have received a consensus recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, six have assigned a buy recommendation and three have issued a strong buy recommendation on the company.

Several analysts have recently weighed in on the stock. Royal Bank Of Canada restated an “outperform” rating on shares of Siemens Energy in a research report on Friday, November 21st. Evercore ISI began coverage on Siemens Energy in a report on Monday, December 15th. They set an “outperform” rating for the company. Sanford C. Bernstein initiated coverage on shares of Siemens Energy in a research note on Wednesday. They issued an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Siemens Energy in a research report on Friday, November 14th. Finally, Jefferies Financial Group raised shares of Siemens Energy from a “hold” rating to a “buy” rating in a report on Sunday, November 9th.

Siemens Energy Trading Up 1.6%

Shares of SMNEY stock opened at $147.06 on Monday. The business’s 50 day moving average is $135.04 and its two-hundred day moving average is $121.09. The company has a quick ratio of 0.63, a current ratio of 0.90 and a debt-to-equity ratio of 0.23. Siemens Energy has a 12 month low of $50.00 and a 12 month high of $153.53. The company has a market cap of $117.55 billion, a PE ratio of 83.09 and a beta of 1.97.

Siemens Energy Company Profile

Siemens Energy AG is a global energy technology company headquartered in Germany that provides equipment, systems and services across the power generation and transmission value chains. Established as an independent public company through a spin-off of Siemens AG’s energy businesses in 2020, Siemens Energy draws on a long industrial heritage to design, manufacture and service technologies used by utilities, industrial customers and the oil and gas sector.

The company’s product and service portfolio includes gas and steam turbines, generators, transformers and high-voltage transmission equipment as well as grid connection and power-conversion systems.