Siemens Energy (SMEGF) Gets a Buy from RBC Capital
In a report released yesterday, Colin Moody from RBC Capital maintained a Buy rating on Siemens Energy, with a price target of €130.00. The company’s shares closed yesterday at $120.78.
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According to TipRanks, Moody is an analyst with an average return of -1.6% and a 63.16% success rate.
In addition to RBC Capital, Siemens Energy also received a Buy from Deutsche Bank ‘s Gael De-Bray in a report issued on October 15. However, on October 25, TR | OpenAI – 4o reiterated a Hold rating on Siemens Energy (Other OTC: SMEGF).
Based on Siemens Energy’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $9.75 billion and a net profit of $615 million. In comparison, last year the company earned a revenue of $8.8 billion and had a GAAP net loss of $142 million
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- Siemens Energy downgraded to Neutral from Buy at Rothschild & Co Redburn
- Siemens Energy initiated with an Outperform at RBC Capital
- Siemens Energy Announces Change in Voting Rights Structure
- Siemens Energy AG Pre-announces 2025 Financial Report Release
- Siemens Energy price target raised to EUR 104 from EUR 98 at Citi
