Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) have received a consensus recommendation of “Moderate Buy” from the twelve research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, six have issued a buy recommendation and three have assigned a strong buy recommendation to the company.

Several research firms have issued reports on SMNEY. Sanford C. Bernstein initiated coverage on shares of Siemens Energy in a research note on Wednesday, January 7th. They set an “outperform” rating on the stock. Evercore ISI assumed coverage on shares of Siemens Energy in a report on Monday, December 15th. They set an “outperform” rating for the company. Rothschild Redb cut shares of Siemens Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 15th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Siemens Energy in a research report on Friday, November 21st. Finally, Berenberg Bank upgraded shares of Siemens Energy to a “strong-buy” rating in a research note on Thursday, October 2nd.

Siemens Energy Trading Up 6.8%

SMNEY 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. Siemens Energy has a 52 week low of $50.00 and a 52 week high of $158.03. The stock has a market cap of $125.93 billion, a PE ratio of 89.01 and a beta of 1.97. The business has a 50 day moving average of $137.81 and a 200-day moving average of $122.30.

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.