Siemens Gamesa Renewable Energy SA (GAM) PT Set at €13.50 by Societe Generale

Societe Generale set a €13.50 ($15.88) target price on Siemens Gamesa Renewable Energy SA (BME:GAM) in a report issued on Wednesday, October 18th. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts also recently commented on the stock. Barclays PLC set a €13.00 ($15.29) price objective on shares of Siemens Gamesa Renewable Energy SA and gave the company a neutral rating in a research report on Tuesday, August 8th. HSBC Holdings plc set a €13.00 ($15.29) price objective on shares of Siemens Gamesa Renewable Energy SA and gave the company a neutral rating in a research report on Monday, September 25th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock has a consensus rating of Hold and a consensus price target of €12.23 ($14.39).

Siemens Gamesa Renewable Energy SA (GAM) opened at 35.90 on Wednesday. The stock’s 50 day moving average price is $35.77 and its 200-day moving average price is $34.70. The company has a market capitalization of $962.51 million and a P/E ratio of 6.33. Siemens Gamesa Renewable Energy SA has a one year low of $28.72 and a one year high of $36.56.

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Siemens Gamesa Renewable Energy SA Company Profile

Siemens Gamesa Renewable Energy SA, formerly Gamesa Corporacion Tecnologica SA, is a Spain-based company engaged in the renewable energy equipment manufacture. The Company specializes in the promotion and development of wind farms, as well as the engineering, design, production and sale of wind turbines.

Analyst Recommendations for Siemens Gamesa Renewable Energy SA (BME:GAM)

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