Jefferies Keeps Their Hold Rating on Siemens Energy (SMEGF)

In a report released today, Simon Toennessen from Jefferies maintained a Hold rating on Siemens Energy (SMEGFResearch Report), with a price target of €17.00. The company’s shares opened today at $17.27.

According to TipRanks, Toennessen is a 2-star analyst with an average return of 0.6% and a 50.00% success rate.

In addition to Jefferies, Siemens Energy also received a Hold from Deutsche Bank’s Gael De-Bray in a report issued on June 29. However, yesterday, Berenberg Bank maintained a Buy rating on Siemens Energy (Other OTC: SMEGF).

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The company has a one-year high of $26.83 and a one-year low of $9.95. Currently, Siemens Energy has an average volume of 3,125.

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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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