Shares of Siemens Gamesa Renewable Energy SA (OTCMKTS:GCTAF) have been given a consensus rating of “Hold” by the seven research firms that are presently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.
GCTAF has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised Siemens Gamesa Renewable Energy from an “underweight” rating to an “overweight” rating in a research note on Monday, June 22nd. UBS Group reaffirmed a “neutral” rating on shares of Siemens Gamesa Renewable Energy in a research note on Wednesday, May 13th. Goldman Sachs Group lowered Siemens Gamesa Renewable Energy from a “buy” rating to a “neutral” rating in a research note on Monday, May 18th. Deutsche Bank reaffirmed a “hold” rating on shares of Siemens Gamesa Renewable Energy in a research note on Wednesday, June 10th. Finally, Credit Suisse Group reaffirmed an “outperform” rating on shares of Siemens Gamesa Renewable Energy in a research note on Tuesday, June 30th.
Shares of GCTAF stock traded down $0.15 during mid-day trading on Tuesday, reaching $18.35. 26,906 shares of the stock traded hands, compared to its average volume of 5,155. The stock’s fifty day simple moving average is $16.53 and its two-hundred day simple moving average is $16.05. Siemens Gamesa Renewable Energy has a 1-year low of $12.00 and a 1-year high of $19.50.
About Siemens Gamesa Renewable Energy
Siemens Gamesa Renewable Energy, SA, together with its subsidiaries, engages in the development and construction of wind farms. It is involved in the engineering, design, production, and sale of wind turbines and related components. It operates through two segments, Wind Turbines and Operation and Maintenance.
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