Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) Receives Average Recommendation of “Moderate Buy” from Brokerages

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

A number of research analysts have recently commented on SMNEY shares. Morgan Stanley reiterated an “overweight” rating on shares of Siemens Energy in a research report on Monday, April 27th. Citigroup reiterated a “neutral” rating on shares of Siemens Energy in a research report on Thursday, February 12th.

Siemens Energy Stock Down 29.1%

OTCMKTS SMNEY opened at $124.60 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.63 and a current ratio of 0.90. The company has a market capitalization of $106.58 billion, a P/E ratio of 51.07 and a beta of 1.97. Siemens Energy has a one year low of $74.90 and a one year high of $176.73. The stock has a 50 day moving average price of $145.02 and a 200-day moving average price of $153.99.

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.