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Analysts Offer Insights on Industrial Goods Companies: Siemens Energy (OtherSMEGF) and Xos (XOS)

Tipranks - Tipranks - Fri Apr 10, 2:28AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Siemens Energy (SMEGF) and Xos (XOS).

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Siemens Energy (SMEGF)

In a report released today, Phil Buller from J.P. Morgan maintained a Buy rating on Siemens Energy, with a price target of EUR200.00. The company’s shares closed last Wednesday at $189.85.

Buller has an average return of 81.3% when recommending Siemens Energy. ;'>

According to TipRanks.com, Buller is ranked #627 out of 12128 analysts.

Currently, the analyst consensus on Siemens Energy is a Moderate Buy with an average price target of $193.06, which is a -0.1% downside from current levels. In a report issued on March 26, TipRanks – Anthropic also upgraded the stock to Buy with a EUR174.00 price target.

See the top stocks recommended by analysts >>

Xos (XOS)

Northland Securities analyst Ted Jackson maintained a Hold rating on Xos today. The company’s shares closed last Wednesday at $1.82.

According to TipRanks.com, Jackson is a 5-star analyst with an average return of 38.6% and a 50.0% success rate. Jackson covers the Industrial Goods sector, focusing on stocks such as Hyster-Yale Materials Handling, Mayville Engineering Company, and Amprius Technologies Inc. ;'>

Xos has an analyst consensus of Moderate Buy, with a price target consensus of $4.00, a 124.7% upside from current levels. In a report issued on March 31, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $1.50 price target.

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