Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) Receives Average Rating of “Buy” from Analysts

Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) has been assigned a consensus rating of “Buy” from the twelve brokerages that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and three have assigned a strong buy recommendation to the company.

A number of brokerages have weighed in on SMNEY. Morgan Stanley reaffirmed an “overweight” rating on shares of Siemens Energy in a research report on Monday, December 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Siemens Energy in a research note on Thursday, January 29th. Rothschild & Co Redburn cut Siemens Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 15th. Jefferies Financial Group raised shares of Siemens Energy from a “hold” rating to a “buy” rating in a research report on Sunday, November 9th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Siemens Energy in a research note on Friday, November 21st.

Siemens Energy Stock Performance

SMNEY stock opened at $175.64 on Friday. The firm has a 50 day simple moving average of $150.66 and a 200 day simple moving average of $128.88. Siemens Energy has a 52 week low of $50.60 and a 52 week high of $176.73. The stock has a market cap of $150.23 billion, a P/E ratio of 99.23 and a beta of 1.96. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.63 and a current ratio of 0.90.

Siemens Energy Company Profile

Siemens Energy AG is a global energy technology company headquartered in Germany that provides equipment, systems and services across the power generation and transmission value chains. Established as an independent public company through a spin-off of Siemens AG’s energy businesses in 2020, Siemens Energy draws on a long industrial heritage to design, manufacture and service technologies used by utilities, industrial customers and the oil and gas sector.

The company’s product and service portfolio includes gas and steam turbines, generators, transformers and high-voltage transmission equipment as well as grid connection and power-conversion systems.