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