Siemens Energy (OTCMKTS:SMEGF)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a research report issued on Wednesday, AnalystRatings.com reports.
SMEGF has been the topic of several other research reports. Jefferies Financial Group reiterated a “buy” rating on shares of Siemens Energy in a report on Wednesday, November 10th. Credit Suisse Group reiterated an “outperform” rating on shares of Siemens Energy in a report on Thursday, August 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Siemens Energy in a research report on Wednesday, October 6th. Morgan Stanley reissued an “overweight” rating on shares of Siemens Energy in a research report on Thursday, November 11th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Siemens Energy in a research report on Thursday, November 11th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Siemens Energy presently has a consensus rating of “Buy”.
Shares of SMEGF opened at $26.79 on Wednesday. Siemens Energy has a 1 year low of $25.00 and a 1 year high of $42.06. The stock’s 50-day moving average price is $27.34 and its two-hundred day moving average price is $28.68.
Siemens Energy AG operates as an energy technology company worldwide. It operates in two segments, Gas and Power; and Siemens Gamesa Renewable Energy. The company provides gas and steam turbines, generators, gas engines, instrumentation and controls, and electrical systems, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and power and distribution transformers, air and gas-insulated switchgears, circuit breakers, surge arresters, disconnectors, bushings, instrument transformers, coils, transmission systems, and digitalized products for power transmission.
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