In a report released yesterday, Iris Zheng from Credit Suisse maintained a Buy rating on Siemens Energy (SMEGF), with a price target of EUR36.00. The company’s shares closed last Tuesday at $37.62.
Zheng has an average return of 65.9% when recommending Siemens Energy.
According to TipRanks.com, Zheng is ranked #5768 out of 7296 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Siemens Energy with a $41.05 average price target, an 8.5% upside from current levels. In a report issued on January 25, Goldman Sachs also maintained a Buy rating on the stock with a EUR32.20 price target.
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Siemens Energy AG is an engineering technology company. The company develops and provides solutions for industrial applications, power generation, transmission, wind energy technologies. It provides Integrated Electrification, Automation and Digital solutions for oil and marine industries, Re-powering solutions, Grid access, HVDC, MVDC, and other related services.
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