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

Shares of Siemens Energy AG (OTCMKTS:SMNEY) have received an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, two have given a buy recommendation and two have given a strong buy recommendation to the company.

Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Siemens Energy in a research note on Thursday, March 27th. Morgan Stanley reaffirmed an “overweight” rating on shares of Siemens Energy in a research note on Tuesday, May 27th.

Siemens Energy Price Performance

OTCMKTS:SMNEY opened at $100.90 on Monday. The business has a 50 day moving average of $79.37 and a 200 day moving average of $64.95. The company has a market capitalization of $80.65 billion and a price-to-earnings ratio of 458.64. Siemens Energy has a 1-year low of $24.38 and a 1-year high of $102.01.

Siemens Energy (OTCMKTS:SMNEY) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.52 earnings per share for the quarter. The company had revenue of $10.48 billion during the quarter. As a group, sell-side analysts anticipate that Siemens Energy will post 0.24 EPS for the current year.

About Siemens Energy

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.