Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY – Get Free Report) has earned an average rating of “Moderate Buy” from the twelve research firms that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and two have assigned a strong buy recommendation to the company.
Separately, Morgan Stanley reissued an “overweight” rating on shares of Siemens Energy in a research report on Monday, April 27th.
View Our Latest Stock Report on Siemens Energy
Siemens Energy Trading Down 29.1%
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.
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