Siemens Energy (OTCMKTS:SMNEY) Lowered to Strong Sell Rating by UBS Group

Siemens Energy (OTCMKTS:SMNEY) was downgraded by analysts at UBS Group from a “hold” rating to a “strong sell” rating in a research note issued on Monday,Zacks.com reports.

Separately, Citigroup raised Siemens Energy to a “hold” rating in a report on Wednesday, October 9th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Siemens Energy Price Performance

OTCMKTS:SMNEY opened at $54.20 on Monday. The company has a market capitalization of $43.32 billion and a P/E ratio of 36.87. The business has a fifty day simple moving average of $52.24 and a two-hundred day simple moving average of $39.65. Siemens Energy has a 1 year low of $12.72 and a 1 year high of $57.13.

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.