Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Siemens Energy (SMEGF – Research Report), Montrose Environmental Group (MEG – Research Report) and Ballard Power Systems (BLDP – Research Report).
Siemens Energy (SMEGF)
In a report released today, Gael De-Bray from Deutsche Numis maintained a Buy rating on Siemens Energy, with a price target of EUR23.00. The company’s shares closed last Wednesday at $24.23, close to its 52-week high of $26.51.
According to TipRanks.com, De-Bray is ranked #1007 out of 8826 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Siemens Energy with a $21.40 average price target, which is a -8.4% downside from current levels. In a report issued on May 3, Kepler Capital also upgraded the stock to Buy with a EUR24.00 price target.
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Ballard Power Systems (BLDP)
In a report issued on May 7, Praneeth Satish from Wells Fargo maintained a Sell rating on Ballard Power Systems, with a price target of $3.50. The company’s shares closed last Wednesday at $2.88, close to its 52-week low of $2.42.
Satish has an average return of
According to TipRanks.com, Satish is ranked #2224 out of 8826 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Ballard Power Systems with a $4.26 average price target, which is a 52.7% upside from current levels. In a report issued on May 7, BMO Capital also maintained a Sell rating on the stock with a $2.85 price target.
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Read More on SMEGF:
- Siemens Energy upgraded to Buy from Hold at Deutsche Bank
- Siemens Energy downgraded to Hold from Buy at Kepler Cheuvreux
- Siemens Energy price target raised to EUR 30 from EUR 25 at Berenberg
- Siemens Energy price target raised to EUR 18 from EUR 16 at Barclays
- Siemens Energy price target raised to EUR 23 from EUR 19 at Morgan Stanley
