Siemens Energy (OTCMKTS:SMNEY) Rating Increased to Hold at UBS Group

UBS Group upgraded shares of Siemens Energy (OTCMKTS:SMNEY) to a hold rating in a report published on Thursday, Zacks.com reports.

A number of other analysts have also commented on the company. The Goldman Sachs Group upgraded Siemens Energy to a strong-buy rating in a report on Thursday. Sanford C. Bernstein raised Siemens Energy to a strong sell rating in a research report on Thursday. Finally, Berenberg Bank raised shares of Siemens Energy to a strong-buy rating in a report on Tuesday, June 25th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy.

Siemens Energy Trading Down 0.4 %

OTCMKTS:SMNEY opened at $26.56 on Thursday. Siemens Energy has a 52 week low of $7.21 and a 52 week high of $30.30. The firm has a 50-day moving average price of $26.96 and a two-hundred day moving average price of $21.75.

Siemens Energy Company Profile

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.