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Goldman Sachs Sticks to Their Buy Rating for Siemens Energy (SMEGF)
In a report released today, Ajay Patel from Goldman Sachs maintained a Buy rating on Siemens Energy, with a price target of €124.00. The company’s shares closed yesterday at $117.00.
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According to TipRanks, Patel is a 5-star analyst with an average return of 18.0% and a 61.11% success rate. Patel covers the Utilities sector, focusing on stocks such as Centrica, SSE, and Fortum Corporation.
In addition to Goldman Sachs, Siemens Energy also received a Buy from Morgan Stanley’s Max Yates in a report issued on September 29. However, on the same day, Bernstein maintained a Sell rating on Siemens Energy (Other OTC: SMEGF).
SMEGF market cap is currently $99.1B and has a P/E ratio of 93.53.
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