Deutsche Bank Reaffirms Their Buy Rating on Siemens Energy (SMEGF)

Deutsche Bank analyst Gael De-Bray maintained a Buy rating on Siemens Energy today and set a price target of €180.00.

End of Quarter Sale - 50% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

According to TipRanks, De-Bray is a 5-star analyst with an average return of 17.3% and a 61.62% success rate. De-Bray covers the Industrials sector, focusing on stocks such as Siemens Energy, Schneider Electric, and KION GROUP AG.

In addition to Deutsche Bank , Siemens Energy also received a Buy from Bernstein’s Alasdair Leslie in a report issued today. However, on March 26, TipRanks – Anthropic reiterated a Hold rating on Siemens Energy (Other OTC: SMEGF).

Based on Siemens Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €9.68 billion and a net profit of €677 million. In comparison, last year the company earned a revenue of €8.94 billion and had a net profit of €198 million

Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SMEGF in relation to earlier this year.