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

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

A number of research firms recently weighed in on SMNEY. Deutsche Bank Aktiengesellschaft restated 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 Thursday, March 27th. Finally, UBS Group cut shares of Siemens Energy from a “hold” rating to a “strong sell” rating in a research note on Monday, January 20th.

Siemens Energy Stock Performance

Shares of Siemens Energy stock opened at $72.86 on Friday. Siemens Energy has a one year low of $18.65 and a one year high of $73.88. The company has a market cap of $58.24 billion and a P/E ratio of -346.95. The firm has a fifty day moving average of $61.81 and a two-hundred day moving average of $53.85.

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