Berenberg Bank Sticks to Their Buy Rating for Siemens Energy (SMEGF)
In a report released yesterday, Richard Dawson CFA from Berenberg Bank maintained a Buy rating on Siemens Energy, with a price target of €130.00. The company’s shares closed yesterday at €106.85.
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According to TipRanks, Dawson CFA is a 4-star analyst with an average return of 15.5% and a 70.00% success rate. Dawson CFA covers the Energy sector, focusing on stocks such as Technip Energies NV, Gaztransport et technigaz, and Subsea 7.
In addition to Berenberg Bank, Siemens Energy also received a Buy from Jefferies’s Lucas Ferhani in a report issued on November 24. 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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