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Analysts Offer Insights on Industrial Goods Companies: Siemens Energy (OtherSMEGF) and Hubbell B (HUBB)

Tipranks - Tipranks - Tue Jun 9, 6:36AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Siemens Energy (SMEGF) and Hubbell B (HUBB) with bullish sentiments.

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Siemens Energy (SMEGF)

In a report released yesterday, Alasdair Leslie from Bernstein maintained a Buy rating on Siemens Energy, with a price target of EUR210.00. The company’s shares closed last Friday at $180.45.

According to TipRanks.com, Leslie is ranked #4989 out of 12287 analysts.

Siemens Energy has an analyst consensus of Strong Buy, with a price target consensus of $224.94, a 22.5% upside from current levels. In a report issued on June 4, TipRanks – xAI also upgraded the stock to Buy with a EUR183.00 price target.

See today’s best-performing stocks on TipRanks >>

Hubbell B (HUBB)

In a report released yesterday, Chad Dillard from Bernstein maintained a Buy rating on Hubbell B, with a price target of $584.00. The company’s shares closed last Friday at $476.82, close to its 52-week high of $481.35.

According to TipRanks.com, Dillard is a 4-star analyst with an average return of 10.0% and a 65.0% success rate. Dillard covers the Industrial Goods sector, focusing on stocks such as Legence Corp. Class A, Quanta Services, and United Rentals. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hubbell B with a $566.17 average price target, representing a 17.8% upside. In a report issued on June 5, Wells Fargo also maintained a Buy rating on the stock with a $560.00 price target.

Read More on SMEGF:

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