A series of five days of rest at Siemens Energy threatens to come to an end on Tuesday.
Most recently, the course of the energy technology group Siemens Energy in XETRA trading fell by 1.74 percent to 16.06 Ezri. It was considered a burden that there was another analyst downgrade. After the devastating profit warning that caused the share price to fall in June, the Spanish bank Santander has now given up its previously positive vote. The recovery since the June low reached its limits at the 20 percent plus mark.
Santander’s Virginia Sanz De Madrid lowered her rating from Outperform to Neutral. It is therefore in good company: after the profit warning, the papers were downgraded to neutral ratings by UBS, DZ Bank, Citigroup and Jefferies. The number of optimists is thus getting smaller and smaller, although the titles with an annual loss of almost nine percent in 2023 are among the six weakest Dax values to date.
The experts from Kepler Cheuvreux, JPMorgan and Berenberg Bank, among others, remained positive. Analyst Philip Buller from the latter institute mentioned on Tuesday that the current rating arouses the interest of investors who weigh up potential and risks in more depth. However, he also anticipates that it will take years for investors’ perception of the stock to completely change again.
FRANKFURT (dpa-AFX)
Selected leverage products on Siemens Energy AG
With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the desired lever and we will show you suitable open-end products on Siemens Energy AG
Leverage must be between 2 and 20