Siemens Gamesa Renewable Energy’s (GCTAF) “Neutral” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of Siemens Gamesa Renewable Energy (OTCMKTS:GCTAF) in a report released on Wednesday morning.

Separately, Citigroup reissued a buy rating on shares of Siemens Gamesa Renewable Energy in a research note on Thursday, December 7th.

Siemens Gamesa Renewable Energy (OTCMKTS:GCTAF) opened at $14.99 on Wednesday. Siemens Gamesa Renewable Energy has a 52 week low of $10.88 and a 52 week high of $24.04.

An institutional investor recently bought a new position in Siemens Gamesa Renewable Energy stock. Cacti Asset Management LLC purchased a new position in shares of Siemens Gamesa Renewable Energy, S.A. (OTCMKTS:GCTAF) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 62,000 shares of the company’s stock, valued at approximately $807,000.

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Siemens Gamesa Renewable Energy 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.

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