Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY – Get Free Report) has been given an average recommendation of “Moderate Buy” by the twelve research firms that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and two have assigned a strong buy recommendation to the company.
SMNEY has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Siemens Energy in a research report on Thursday, January 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of Siemens Energy in a research note on Monday, April 27th. Zacks Research downgraded Siemens Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Citigroup reaffirmed a “neutral” rating on shares of Siemens Energy in a research note on Thursday, February 12th. Finally, UBS Group raised Siemens Energy from a “strong sell” rating to a “buy” rating in a research note on Friday, January 23rd.
Get Our Latest Research Report on SMNEY
Siemens Energy Price Performance
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.
See Also
- Five stocks we like better than Siemens Energy
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
Receive News & Ratings for Siemens Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Siemens Energy and related companies with MarketBeat.com's FREE daily email newsletter.
