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

Shares of Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) have earned an average recommendation of “Buy” from the twelve ratings firms that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and three have issued a strong buy rating on the company.

SMNEY has been the topic of a number of research analyst reports. UBS Group upgraded shares of Siemens Energy from a “strong sell” rating to a “buy” rating in a research note on Friday, January 23rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Siemens Energy in a research note on Thursday, January 29th. Rothschild Redb downgraded Siemens Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 15th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Siemens Energy in a research report on Friday, November 21st. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Siemens Energy in a report on Monday, December 8th.

Siemens Energy Trading Up 2.5%

Shares of SMNEY stock opened at $175.64 on Friday. Siemens Energy has a 12 month low of $50.60 and a 12 month high of $176.73. The company has a market cap of $150.23 billion, a PE ratio of 99.23 and a beta of 1.97. The company has a quick ratio of 0.63, a current ratio of 0.90 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average is $149.83 and its two-hundred day moving average is $128.18.

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.