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

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

Separately, Citigroup upgraded Siemens Energy to a “hold” rating in a report on Wednesday, October 9th. Two research 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 MarketBeat.com, Siemens Energy presently has a consensus rating of “Hold”.

Siemens Energy Stock Performance

Shares of Siemens Energy stock opened at $54.20 on Monday. The stock has a market capitalization of $43.32 billion and a PE ratio of 36.87. The company has a 50-day simple moving average of $52.24 and a two-hundred day simple moving average of $39.65. Siemens Energy has a 52-week low of $12.72 and a 52-week 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.