Analysts Offer Insights on Conglomerates Companies: Siemens Gamesa Renewable Energy, S.A. (Other OTC: GCTAF) and Continental Aktiengesellschaft (Other OTC: CTTAF)

Analysts have been eager to weigh in on the Conglomerates sector with new ratings on Siemens Gamesa Renewable Energy, S.A. (GCTAFResearch Report) and Continental Aktiengesellschaft (CTTAFResearch Report).

Siemens Gamesa Renewable Energy, S.A. (GCTAF)

UBS analyst Sven Weier maintained a Hold rating on Siemens Gamesa Renewable Energy, S.A. today and set a price target of EUR25.00. The company’s shares closed last Thursday at $26.35, close to its 52-week low of $24.55.

According to TipRanks.com, Weier is ranked #1509 out of 7641 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Siemens Gamesa Renewable Energy, S.A. with a $31.50 average price target, a 19.5% upside from current levels. In a report issued on September 7, J.P. Morgan also downgraded the stock to Hold with a EUR26.00 price target.

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Continental Aktiengesellschaft (CTTAF)

In a report released today, Michael Punzet from DZ BANK AG maintained a Buy rating on Continental Aktiengesellschaft. The company’s shares closed last Thursday at $112.00.

Punzet has an average return of 23.8% when recommending Continental Aktiengesellschaft.

According to TipRanks.com, Punzet is ranked #7202 out of 7641 analysts.

Continental Aktiengesellschaft has an analyst consensus of Moderate Buy, with a price target consensus of $153.15, representing a 28.2% upside. In a report issued on September 9, Warburg Research also maintained a Buy rating on the stock with a EUR150.00 price target.

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