The US bank JPMorgan has downgraded Siemens Energy from “Neutral” to “Underweight” and lowered the price target from 13.80 to 9.20 euros.
The optimists focused on the sum of all parts of the energy company Siemens Energy, wrote analyst Akash Gupta in a study available on Friday. But there is no clear way to achieve this. Meanwhile, the debates about whether the balance sheet might be necessary after all continued. In the capital goods sector, the JPMorgan experts favor Andritz, Ashtead, Melrose, Prysmian, Schneider and Smiths in 2024.
In XETRA trading, Siemens Energy shares fell by 1.51 percent to 11.45 euros.
NEW YORK (dpa-AFX Broker)
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