There’s a lot to be optimistic about in the Conglomerates sector as 2 analysts just weighed in on Siemens Gamesa Renewable Energy, S.A. (GCTAF) and SNC-Lavalin Group (SNCAF) with bullish sentiments.
Siemens Gamesa Renewable Energy, S.A. (GCTAF)
J.P. Morgan analyst Akash Gupta maintained a Buy rating on Siemens Gamesa Renewable Energy, S.A. yesterday and set a price target of EUR25.00. The company’s shares closed last Friday at $28.55, close to its 52-week high of $31.35.
Gupta has an average return of 2.2% when recommending Siemens Gamesa Renewable Energy, S.A..
According to TipRanks.com, Gupta is ranked #6651 out of 6981 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Siemens Gamesa Renewable Energy, S.A. with a $27.50 average price target, representing a -3.7% downside. In a report issued on October 28, Goldman Sachs also maintained a Buy rating on the stock with a EUR25.90 price target.
See today’s analyst top recommended stocks >>
SNC-Lavalin Group (SNCAF)
Canaccord Genuity analyst Yuri Lynk maintained a Buy rating on SNC-Lavalin Group yesterday and set a price target of C$40.00. The company’s shares closed last Friday at $14.21, close to its 52-week low of $13.16.
According to TipRanks.com, Lynk is a 4-star analyst with an average return of 4.3% and a 50.4% success rate. Lynk covers the Industrial Goods sector, focusing on stocks such as North American Construction Group, Hardwoods Distribution, and Badger Daylighting.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for SNC-Lavalin Group with a $24.64 average price target, which is a 69.9% upside from current levels. In a report issued on October 20, Desjardins also maintained a Buy rating on the stock with a C$36.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
