Siemens Energy (SMEGF) Receives a Buy from J.P. Morgan


J.P. Morgan analyst Andreas Willi maintained a Buy rating on Siemens Energy (SMEGF) today and set a price target of EUR30.00. The company’s shares closed last Monday at $37.60.

Willi has an average return of 6.1% when recommending Siemens Energy.

According to TipRanks.com, Willi is ranked #4445 out of 7261 analysts.

Currently, the analyst consensus on Siemens Energy is a Strong Buy with an average price target of $37.35, which is a -0.5% downside 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.

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