Siemens Energy AG (OTCMKTS:SMNEY) Receives Average Recommendation of "Moderate Buy" from Analysts

Siemens Energy AG (OTCMKTS:SMNEY - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the six ratings firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation, one has issued a buy recommendation and two have assigned a strong buy recommendation to the company.

Several analysts have weighed in on SMNEY shares. Morgan Stanley reissued an "overweight" rating on shares of Siemens Energy in a research report on Monday, February 3rd. 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 Price Performance

OTCMKTS:SMNEY traded up $0.03 during trading hours on Wednesday, hitting $66.72. 82,755 shares of the company were exchanged, compared to its average volume of 338,771. The stock has a market capitalization of $53.33 billion and a price-to-earnings ratio of -317.71. Siemens Energy has a 52-week low of $17.50 and a 52-week high of $69.07. The company's 50 day moving average price is $59.48 and its 200-day moving average price is $49.44.

Siemens Energy (OTCMKTS:SMNEY - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $0.24 earnings per share for the quarter. On average, equities analysts predict that Siemens Energy will post 0.24 earnings per share for the current year.

Remove Ads

About Siemens Energy

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.