Bernstein Keeps Their Sell Rating on Siemens Energy (SMEGF)

Bernstein analyst Nick Green maintained a Sell rating on Siemens Energy (SMEGFResearch Report) today and set a price target of EUR14.00. The company’s shares closed yesterday at $19.55.

According to TipRanks, Green is an analyst with an average return of -5.6% and a 52.94% success rate. Green covers the Industrial Goods sector, focusing on stocks such as Siemens Energy, CNH Industrial, and Atlas Copco.

Siemens Energy has an analyst consensus of Moderate Buy, with a price target consensus of $23.92.

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SMEGF market cap is currently $14.85B and has a P/E ratio of -29.68.

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SMEGF in relation to earlier this year.

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.

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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