Siemens Energy is gaining ground

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Siemens Energy’s share recently rose and rose in XETRA trading by 1.5 percent to EUR 29.71. The security is thus giving the DAX, which is trading at 14,696 points, some tailwind. At the daily high, the Siemens Energy share rose to EUR 29.94. At the opening of the stock exchange, the stock was trading at EUR 29.42. The number of Siemens Energy shares traded so far is 503,512.

The analysts’ estimates of the price target are on average EUR 34.88. According to analysts, earnings in 2022 should amount to EUR 1.19 per Siemens Energy share.

Siemens Energy AG is a global industrial group in the energy sector. The company spun off from Siemens AG as an independent company in September 2020. Siemens Energy is active along almost the entire energy value chain. The company offers solutions for power transmission and power generation. The most important products include above all gas and steam turbines, generators, transformers, compressors and other power plant technologies for various energy sources. A variety of industrial applications for the oil and gas industry are offered, among other things. In addition, Siemens Energy AG develops technologies in the field of new energies, such as modern hydrogen technologies. Via its majority stake in Siemens Gamesa Renewable Energy, the company is active in wind energy technologies and services in the field of renewable energies and is one of the global market leaders in this regard.

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Finanzen.net editorial team

Image sources: Siemens Energy AG





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Siemens Energy gaining ground

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