Barclays Reaffirms Their Buy Rating on Siemens Energy (SMEGF) – TipRanks Financial Blog

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Barclays analyst Vladimir Sergievskiy maintained a Buy rating on Siemens Energy (SMEGFResearch Report) today and set a price target of €16.00. The company’s shares closed last Friday at $14.70.

According to TipRanks, Sergievskiy is a 3-star analyst with an average return of 3.6% and a 50.00% success rate.

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In addition to Barclays, Siemens Energy also received a Buy from Goldman Sachs’s Ajay Patel in a report issued on February 8. However, on February 9, UBS maintained a Hold rating on Siemens Energy (Other OTC: SMEGF).

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SMEGF market cap is currently $11.66B and has a P/E ratio of -2.56.

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Siemens Energy (SMEGF) Company Description:

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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