Analysts have been eager to weigh in on the NA sector with new ratings on Siemens Energy (SMEGF – Research Report) and American Resources (AREC – Research Report).
Siemens Energy (SMEGF)
In a report released today, Gael De-Bray from Deutsche Bank maintained a Hold rating on Siemens Energy, with a price target of EUR20.00. The company’s shares closed last Wednesday at $17.28.
According to TipRanks.com, De-Bray is ranked #2130 out of 8474 analysts.
Currently, the analyst consensus on Siemens Energy is a Moderate Buy with an average price target of $26.00, which is a 52.9% upside from current levels. In a report issued on June 26, Jefferies also downgraded the stock to Hold with a EUR16.50 price target.
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American Resources (AREC)
H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on American Resources today and set a price target of $3.50. The company’s shares closed last Wednesday at $1.94.
According to TipRanks.com, Ihle is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on American Resources is a Moderate Buy with an average price target of $3.50.
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