In a report released yesterday, Gael De-Bray from Deutsche Bank maintained a Buy rating on Siemens Energy (SMEGF), with a price target of EUR37.00. The company’s shares closed last Wednesday at $37.53.
De-Bray has an average return of 8.3% when recommending Siemens Energy.
According to TipRanks.com, De-Bray is ranked #1337 out of 7271 analysts.
Currently, the analyst consensus on Siemens Energy is a Strong Buy with an average price target of $38.57, implying a 3.9% upside from current levels. In a report issued on January 21, UBS also maintained a Buy rating on the stock with a EUR31.00 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.
