Siemens Energy (OTCMKTS:SMNEY) Cut to “Strong Sell” at UBS Group

UBS Group cut shares of Siemens Energy (OTCMKTS:SMNEY) from a hold rating to a strong sell rating in a report published on Monday morning,Zacks.com reports.

Separately, Citigroup upgraded shares of Siemens Energy to a “hold” rating in a research report on Wednesday, October 9th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.

Siemens Energy Stock Up 6.0 %

Shares of OTCMKTS SMNEY opened at $57.45 on Monday. The stock has a market capitalization of $45.92 billion and a P/E ratio of 39.08. The stock’s 50 day moving average price is $52.58 and its two-hundred day moving average price is $39.96. Siemens Energy has a 52-week low of $13.40 and a 52-week high of $58.29.

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.