Siemens Energy AG (OTCMKTS:SMNEY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Siemens Energy AG (OTCMKTS:SMNEY) have received a consensus rating of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation, one has given a buy recommendation and two have issued a strong buy recommendation on the company.

SMNEY has been the topic of several analyst reports. UBS Group downgraded Siemens Energy from a “hold” rating to a “strong sell” rating in a report on Monday, January 20th. Morgan Stanley restated an “overweight” rating on shares of Siemens Energy in a research note on Monday, February 3rd.

Siemens Energy Stock Down 0.6 %

Shares of SMNEY stock opened at $66.48 on Wednesday. Siemens Energy has a 12 month low of $16.02 and a 12 month high of $67.12. The business’s 50 day moving average is $58.56 and its two-hundred day moving average is $48.91. The company has a market cap of $53.14 billion and a PE ratio of -316.57.

Siemens Energy (OTCMKTS:SMNEY) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.24 EPS for the quarter. As a group, equities analysts expect that Siemens Energy will post 0.24 EPS for the current fiscal year.

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.