Bank of America Securities Remains a Buy on Siemens Energy (SMEGF) | Markets Insider
Bank of America Securities analyst Benjamin Heelan maintained a Buy rating on Siemens Energy (SMEGF – Research Report) on June 26 and set a price target of €94.00. The company’s shares closed yesterday at $112.00.
Heelan covers the Industrials sector, focusing on stocks such as Rheinmetall, Nordex, and Airbus Group SE. According to TipRanks, Heelan has an average return of 9.1% and a 46.77% success rate on recommended stocks.
In addition to Bank of America Securities, Siemens Energy also received a Buy from Morgan Stanley’s Max Yates in a report issued on June 26. However, yesterday, DZ BANK AG maintained a Sell rating on Siemens Energy (Other OTC: SMEGF).
SMEGF market cap is currently $88.43B and has a P/E ratio of 415.58.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SMEGF in relation to earlier this year.
You may also like...
Diddy's Legal Troubles & Racketeering Trial
Music mogul Sean 'Diddy' Combs was acquitted of sex trafficking and racketeering charges but convicted on transportation...
Thomas Partey Faces Rape & Sexual Assault Charges
Former Arsenal midfielder Thomas Partey has been formally charged with multiple counts of rape and sexual assault by UK ...
Nigeria Universities Changes Admission Policies
JAMB has clarified its admission policies, rectifying a student's status, reiterating the necessity of its Central Admis...
Ghana's Economic Reforms & Gold Sector Initiatives
Ghana is undertaking a comprehensive economic overhaul with President John Dramani Mahama's 24-Hour Economy and Accelera...
WAFCON 2024 African Women's Football Tournament
The 2024 Women's Africa Cup of Nations opened with thrilling matches, seeing Nigeria's Super Falcons secure a dominant 3...
Emergence & Dynamics of Nigeria's ADC Coalition
A new opposition coalition, led by the African Democratic Congress (ADC), is emerging to challenge President Bola Ahmed ...
Demise of Olubadan of Ibadanland
Oba Owolabi Olakulehin, the 43rd Olubadan of Ibadanland, has died at 90, concluding a life of distinguished service in t...
Death of Nigerian Goalkeeping Legend Peter Rufai
Nigerian football mourns the death of legendary Super Eagles goalkeeper Peter Rufai, who passed away at 61. Known as 'Do...
