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

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

Several research firms recently commented on SMNEY. UBS Group downgraded Siemens Energy from a “hold” rating to a “strong sell” rating in a research note on Monday, January 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Siemens Energy in a research report on Thursday, March 27th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Siemens Energy in a report on Thursday, March 27th.

Siemens Energy Price Performance

Shares of SMNEY stock opened at $72.86 on Friday. The company has a market cap of $58.24 billion and a price-to-earnings ratio of -346.95. The stock has a 50 day simple moving average of $61.54 and a 200-day simple moving average of $53.49. Siemens Energy has a 1-year low of $18.65 and a 1-year high of $73.88.

Siemens Energy (OTCMKTS:SMNEY) last released its earnings results on Wednesday, February 12th. The company reported $0.24 EPS for the quarter. Analysts anticipate that Siemens Energy will post 0.24 earnings per share for the current fiscal 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.