In a report released yesterday, Andreas Willi from J.P. Morgan maintained a Buy rating on Siemens Energy (SMEGF), with a price target of EUR30.00. The company’s shares closed last Monday at $40.35, close to its 52-week high of $42.06.
Willi has an average return of 13.9% when recommending Siemens Energy.
According to TipRanks.com, Willi is ranked #4664 out of 7257 analysts.
Currently, the analyst consensus on Siemens Energy is a Strong Buy with an average price target of $36.43, which is a -7.2% downside from current levels. In a report issued on January 12, Deutsche Bank also maintained a Buy rating on the stock with a EUR35.00 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.