Siemens Energy (OTCMKTS:SMEGF)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank Aktiengesellschaft in a report released on Tuesday, The Fly reports.
A number of other research analysts have also recently weighed in on SMEGF. Norddeutsche Landesbank reaffirmed a “hold” rating on shares of Siemens Energy in a report on Thursday, November 26th. Morgan Stanley reissued an “overweight” rating on shares of Siemens Energy in a research note on Wednesday, November 11th. Berenberg Bank reissued a “buy” rating on shares of Siemens Energy in a research note on Thursday, November 12th. Credit Suisse Group reissued an “outperform” rating on shares of Siemens Energy in a research note on Wednesday, November 11th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Siemens Energy in a research note on Tuesday. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Buy”.
SMEGF opened at $42.06 on Tuesday. Siemens Energy has a fifty-two week low of $20.65 and a fifty-two week high of $42.06. The firm has a fifty day moving average price of $34.05.
About Siemens Energy
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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