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RBC Capital Remains a Buy on Siemens Energy (SMEGF)

Tipranks - Tipranks - Wed Jan 14, 8:00AM CST

RBC Capital analyst Mark Fielding maintained a Buy rating on Siemens Energy today and set a price target of €150.00.

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Fielding covers the Industrials sector, focusing on stocks such as Schneider Electric, Siemens, and IMI plc. According to TipRanks, Fielding has an average return of 10.9% and a 67.59% success rate on recommended stocks.

Siemens Energy has an analyst consensus of Moderate Buy, with a price target consensus of €129.40.

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SMEGF market cap is currently €107.2B and has a P/E ratio of 76.36.

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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