Goldman Sachs (NYSE:GS) analyst Ajay Patel maintained a Buy rating on Siemens Energy on Tuesday, setting a price target of EUR37.1, which is approximately 61.80% above the present share price of $27.05.
Patel expects Siemens Energy to post earnings per share (EPS) of $0.03 for the third quarter of 2021.
The current consensus among 13 TipRanks analysts is for a Strong Buy rating of shares in Siemens Energy, with an average price target of $40.72.
The analysts price targets range from a high of $50.73 to a low of $28.31.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $6.48 billion and a net profit of $83 million. The company's market cap is $19.35 billion.
According to TipRanks.com, Goldman Sachs analyst Ajay Patel is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.7% and a 32.47% success rate.
Siemens Energy AG is an engineering technology company. The company develops and provides solutions for industrial applications, power generation, transmission, wind energy technologies. It provides Integrated Electrification, Automation and Digital solutions for oil and marine industries, Re-powering solutions, Grid access, HVDC, MVDC, and other related services.