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

Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Siemens Gamesa Renewable Energy, S.A. (GCTAFResearch Report) and Siemens Energy (SMEGFResearch Report).

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

Kepler Capital analyst Douglas Lindahl maintained a Hold rating on Siemens Gamesa Renewable Energy, S.A. yesterday and set a price target of EUR31.00. The company’s shares closed last Thursday at $33.45.

According to TipRanks.com, Lindahl is ranked #3762 out of 7580 analysts.

Currently, the analyst consensus on Siemens Gamesa Renewable Energy, S.A. is a Moderate Buy with an average price target of $39.43.

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Siemens Energy (SMEGF)

Jefferies analyst Simon Toennessen maintained a Buy rating on Siemens Energy yesterday and set a price target of EUR37.00. The company’s shares closed last Thursday at $31.21.

According to TipRanks.com, Toennessen is ranked #1976 out of 7580 analysts.

Currently, the analyst consensus on Siemens Energy is a Strong Buy with an average price target of $42.58, a 37.4% upside from current levels. In a report issued on June 22, Societe Generale also maintained a Buy rating on the stock with a EUR36.00 price target.

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