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Kepler Capital Reaffirms Their Buy Rating on Siemens Energy (SMEGF)

Tipranks - Fri Jan 2, 7:44PM CST

Kepler Capital analyst William Mackie maintained a Buy rating on Siemens Energy on December 31 and set a price target of €140.00.

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Mackie covers the Industrials sector, focusing on stocks such as Siemens Energy, LEGRAND, and Nordex. According to TipRanks, Mackie has an average return of 10.2% and a 64.72% success rate on recommended stocks.

Currently, the analyst consensus on Siemens Energy is a Moderate Buy with an average price target of €120.43.

Based on Siemens Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €10.43 billion and a net profit of €168 million. In comparison, last year the company earned a revenue of €9.74 billion and had a GAAP net loss of €293 million

Based on the recent corporate insider activity of 13 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.

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