Siemens Energy AG (OTCMKTS:SMNEY - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $57.13 and last traded at $56.26, with a volume of 88550 shares traded. The stock had previously closed at $53.61.
Analysts Set New Price Targets
Separately, Citigroup upgraded shares of Siemens Energy to a "hold" rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Siemens Energy has a consensus rating of "Moderate Buy".
View Our Latest Report on Siemens Energy
Siemens Energy Price Performance
The firm has a market cap of $44.97 billion and a P/E ratio of 38.27. The company's 50-day moving average is $50.06 and its two-hundred day moving average is $37.81.
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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