Deutsche Bank Reaffirms Their Hold Rating on Siemens Energy (SMEGF)

In a report released today, Gael De-Bray from Deutsche Bank maintained a Hold rating on Siemens Energy (SMEGFResearch Report), with a price target of EUR21.00. The company’s shares closed last Friday at $19.97.

According to TipRanks, De-Bray is a 4-star analyst with an average return of 4.6% and a 54.97% success rate.

In addition to Deutsche Bank, Siemens Energy also received a Hold from Kepler Capital ‘s Andreas Schneider in a report issued on January 20. However, on the same day, Goldman Sachs maintained a Buy rating on Siemens Energy (Other OTC: SMEGF).

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SMEGF market cap is currently $14.7B and has a P/E ratio of -30.32.

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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