Deutsche Bank Remains a Buy on Siemens Energy (SMEGF)

Deutsche Bank analyst Gael De-Bray maintained a Buy rating on Siemens Energy today and set a price target of €135.00.

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According to TipRanks, De-Bray is a 5-star analyst with an average return of 18.0% and a 62.45% success rate. De-Bray covers the Industrials sector, focusing on stocks such as Siemens Energy, Schneider Electric, and Siemens.

In addition to Deutsche Bank , Siemens Energy also received a Buy from TR | OpenAI – 4o’s Garrick Presswyn in a report issued today. However, yesterday, Citi maintained 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

Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SMEGF in relation to earlier this year.