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

Shares of Siemens Energy AG (OTCMKTS:SMEGF) have received an average rating of “Buy” from the eleven research firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company.

A number of equities analysts have weighed in on the company. Societe Generale reissued a “buy” rating on shares of Siemens Energy in a research report on Friday, August 6th. Morgan Stanley reissued an “overweight” rating on shares of Siemens Energy in a research report on Thursday, November 11th. Berenberg Bank reissued a “buy” rating on shares of Siemens Energy in a research report on Wednesday. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Siemens Energy in a research report on Thursday, November 11th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Siemens Energy in a research report on Wednesday, November 10th.

Shares of OTCMKTS:SMEGF opened at $26.79 on Monday. Siemens Energy has a fifty-two week low of $25.00 and a fifty-two week high of $42.06. The business has a 50-day simple moving average of $27.34 and a two-hundred day simple moving average of $28.70.

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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Analyst Recommendations for Siemens Energy (OTCMKTS:SMEGF)

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