Siemens Gamesa Renewable Energy, S.A. (GCTAF) Receives a Hold from UBS

UBS analyst Supriya Subramanian maintained a Hold rating on Siemens Gamesa Renewable Energy, S.A. (GCTAFResearch Report) yesterday and set a price target of EUR33.00. The company’s shares closed last Wednesday at $31.18.

Subramanian has an average return of 10.8% when recommending Siemens Gamesa Renewable Energy, S.A..

According to TipRanks.com, Subramanian is ranked #1854 out of 7590 analysts.

Siemens Gamesa Renewable Energy, S.A. has an analyst consensus of Moderate Buy, with a price target consensus of $38.09, a 18.8% upside from current levels. In a report issued on July 1, Kepler Capital also maintained a Hold rating on the stock with a EUR31.00 price target.

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Siemens Gamesa Renewable Energy, S.A.’s market cap is currently $21.2B and has a P/E ratio of -31.30. The company has a Price to Book ratio of -13.88.

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Siemens Gamesa Renewable Energy SA engages in the provision of renewable energy services. It operates through the Wind Turbine and Operations Maintenance segments. Its products and services include onshore and offshore wind turbines and service wind. The company was founded by Juan Luis Arregui Ciarsolo on January 28, 1976 and is headquartered in Vizcaya, Spain.