Morgan Stanley Sticks to Its Buy Rating for Siemens Energy (SMEGF)
In a report released yesterday, Max Yates from Morgan Stanley maintained a Buy rating on Siemens Energy, with a price target of €125.00. The company’s shares opened today at €104.70.
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According to TipRanks, Yates is a 5-star analyst with an average return of 11.6% and a 62.98% success rate. Yates covers the Industrials sector, focusing on stocks such as Siemens Energy, Siemens, and Alfa Laval AB.
In addition to Morgan Stanley, Siemens Energy also received a Buy from Deutsche Bank ‘s Gael De-Bray in a report issued yesterday. However, on November 21, Barclays maintained a Hold rating on Siemens Energy (Other OTC: SMEGF).
SMEGF market cap is currently €90.69B and has a P/E ratio of 63.53.
Read More on SMEGF:
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- Siemens Energy price target raised to EUR 135 from EUR 130 at Deutsche Bank
- Siemens Energy Announces Change in Voting Rights Structure
- Siemens Energy price target raised to EUR 136 from EUR 130 at RBC Capital
- Siemens Energy Announces Change in Voting Rights
- Siemens Energy Unveils €6 Billion Share Buyback Plan
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