Siemens Energy AG (OTCMKTS:SMNEY) Receives Consensus Rating of “Moderate Buy” from Analysts

Siemens Energy AG (OTCMKTS:SMNEY) has received a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and two have issued a strong buy rating on the company.

A number of equities analysts recently weighed in on SMNEY shares. UBS Group lowered shares of Siemens Energy from a “hold” rating to a “strong sell” rating in a report on Monday, January 20th. Morgan Stanley restated an “overweight” rating on shares of Siemens Energy in a report on Monday, February 3rd.

Siemens Energy Stock Performance

SMNEY stock opened at $66.72 on Wednesday. The firm has a 50 day moving average price of $59.48 and a 200-day moving average price of $49.74. Siemens Energy has a 52-week low of $17.50 and a 52-week high of $69.07. The firm has a market capitalization of $53.33 billion and a price-to-earnings ratio of -317.71.

Siemens Energy (OTCMKTS:SMNEY) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.24 earnings per share for the quarter. As a group, sell-side analysts forecast that Siemens Energy will post 0.24 earnings per share for the current fiscal year.

About Siemens Energy

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.