Siemens Energy (OTCMKTS:SMNEY) Lowered to “Strong Sell” Rating by UBS Group

UBS Group lowered shares of Siemens Energy (OTCMKTS:SMNEYFree Report) from a hold rating to a strong sell rating in a report published on Monday,Zacks.com reports.

Separately, Citigroup raised Siemens Energy to a “hold” rating in a research report on Wednesday, October 9th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold”.

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Siemens Energy Price Performance

Shares of Siemens Energy stock opened at $54.20 on Monday. Siemens Energy has a 1 year low of $12.72 and a 1 year high of $57.13. The stock has a fifty day moving average price of $52.24 and a 200-day moving average price of $39.65. The firm has a market cap of $43.32 billion and a PE ratio of 36.87.

Siemens Energy Company Profile

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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.

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