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Siemens Energy (SMEGF) Receives a Buy from Deutsche Bank

Tipranks - Tipranks - Wed Jan 7, 9:36AM CST

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 18.7% and a 63.33% success rate.

Siemens Energy has an analyst consensus of Moderate Buy, with a price target consensus of €120.55.

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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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