Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Continental Aktiengesellschaft (CTTAF) and Siemens Energy (SMEGF).
Continental Aktiengesellschaft (CTTAF)
In a report released today, Victoria Greer from Morgan Stanley maintained a Hold rating on Continental Aktiengesellschaft, with a price target of EUR125.00. The company’s shares closed last Thursday at $149.17.
Greer has an average return of 15.2% when recommending Continental Aktiengesellschaft.
According to TipRanks.com, Greer is ranked #2871 out of 7234 analysts.
Currently, the analyst consensus on Continental Aktiengesellschaft is a Moderate Buy with an average price target of $148.17, implying a -0.8% downside from current levels. In a report issued on January 7, Deutsche Bank also maintained a Hold rating on the stock with a EUR120.00 price target.
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Siemens Energy (SMEGF)
Morgan Stanley analyst Ben Uglow maintained a Buy rating on Siemens Energy today and set a price target of EUR33.00. The company’s shares closed last Thursday at $39.80, close to its 52-week high of $42.06.
Uglow has an average return of 47.0% when recommending Siemens Energy.
According to TipRanks.com, Uglow is ranked #1693 out of 7234 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Siemens Energy with a $35.76 average price target, implying a -11.4% downside from current levels. In a report issued on January 11, J.P. Morgan also maintained a Buy rating on the stock.
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