Kepler Capital Reaffirms Their Buy Rating on Siemens Energy (SMEGF)
In a report released on March 31, William Mackie from Kepler Capital maintained a Buy rating on Siemens Energy, with a price target of €185.00. The company’s shares closed yesterday at €142.25.
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According to TipRanks, Mackie is a 5-star analyst with an average return of 11.0% and a 64.51% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Siemens Energy with a €166.37 average price target, which is a 16.96% upside from current levels. In a report released on March 31, Bernstein also maintained a Buy rating on the stock with a €150.00 price target.
The company has a one-year high of €171.65 and a one-year low of €41.81. Currently, Siemens Energy has an average volume of 2.48M.
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.
Read More on SMEGF:
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- BlackRock Trims but Maintains Significant 7.77% Stake in Siemens Energy
- Siemens Energy Buys Back 5.8 Million Shares in March Program
- Morgan Stanley Trims Siemens Energy Voting Stake to 3.64%
- Goldman Sachs Trims Derivative-Based Stake in Siemens Energy to Just Under 5%
- Siemens Energy repurchases 819,871 shares in first interim buyback report
