RBC Capital Reaffirms Their Buy Rating on Siemens Energy (SMEGF)
In a report released today, Colin Moody from RBC Capital maintained a Buy rating on Siemens Energy, with a price target of €185.00.
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Moody covers the Industrials sector, focusing on stocks such as Siemens Energy, Vestas Wind Systems, and Nordex. According to TipRanks, Moody has an average return of 13.1% and a 59.26% success rate on recommended stocks.
In addition to RBC Capital, Siemens Energy also received a Buy from J.P. Morgan’s Phil Buller in a report issued on February 11. However, on February 12, Citi maintained a Hold rating on Siemens Energy (Other OTC: SMEGF).
SMEGF market cap is currently €138.1B and has a P/E ratio of 72.38.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is neutral on the stock.
Read More on SMEGF:
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- Goldman Sachs Lifts Derivative-Based Stake in Siemens Energy to 5.38%
- Siemens Energy Reports Insider-Related Share Sale Worth €1.3 Million
- Siemens Energy Reports Insider-Related Share Sale by Associate of Board Member
- SMEGF Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Siemens Energy price target raised to EUR 170 from EUR 135 at Deutsche Bank
