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

Shares of Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) have earned an average rating of “Moderate Buy” from the twelve brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, six have given a buy recommendation and three have given a strong buy recommendation to the company.

A number of brokerages recently weighed in on SMNEY. Sanford C. Bernstein assumed coverage on Siemens Energy in a research note on Wednesday, January 7th. They set an “outperform” rating for the company. Berenberg Bank raised shares of Siemens Energy to a “strong-buy” rating in a research report on Thursday, October 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Siemens Energy in a research report on Friday, November 21st. Evercore ISI assumed coverage on shares of Siemens Energy in a research report on Monday, December 15th. They set an “outperform” rating for the company. Finally, Citigroup reaffirmed a “neutral” rating on shares of Siemens Energy in a report on Thursday, October 2nd.

Siemens Energy Stock Up 6.8%

Siemens Energy stock opened at $157.55 on Monday. The company has a quick ratio of 0.63, a current ratio of 0.90 and a debt-to-equity ratio of 0.23. The firm has a market cap of $125.93 billion, a P/E ratio of 89.01 and a beta of 1.97. The business has a fifty day moving average of $137.81 and a two-hundred day moving average of $122.49. Siemens Energy has a twelve month low of $50.00 and a twelve month high of $158.03.

Siemens Energy Company Profile

Siemens Energy AG is a global energy technology company headquartered in Germany that provides equipment, systems and services across the power generation and transmission value chains. Established as an independent public company through a spin-off of Siemens AG’s energy businesses in 2020, Siemens Energy draws on a long industrial heritage to design, manufacture and service technologies used by utilities, industrial customers and the oil and gas sector.

The company’s product and service portfolio includes gas and steam turbines, generators, transformers and high-voltage transmission equipment as well as grid connection and power-conversion systems.