Siemens Energy (OTCMKTS:SMEGF)‘s stock had its “overweight” rating restated by equities research analysts at Morgan Stanley in a report released on Thursday, The Fly reports.
A number of other analysts have also commented on SMEGF. DZ Bank reissued a “buy” rating on shares of Siemens Energy in a report on Tuesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Siemens Energy in a research report on Wednesday, May 19th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Siemens Energy in a research report on Thursday, May 6th. Finally, UBS Group reissued a “buy” rating on shares of Siemens Energy in a report on Wednesday, March 3rd. One research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. The stock presently has an average rating of “Buy”.
Shares of OTCMKTS:SMEGF traded down $1.14 during midday trading on Thursday, hitting $30.55. 949 shares of the company’s stock were exchanged, compared to its average volume of 2,554. Siemens Energy has a 12 month low of $20.65 and a 12 month high of $42.06. The business’s 50 day moving average price is $31.58.
Siemens Energy Company Profile
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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