Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Siemens Energy (SMEGF – Research Report) and Oneok (OKE – Research Report).
Siemens Energy (SMEGF)
UBS analyst Supriya Subramanian maintained a Buy rating on Siemens Energy today and set a price target of EUR25.00. The company’s shares closed last Friday at $24.16, close to its 52-week high of $25.00.
Subramanian has an average return of 11.9% when recommending Siemens Energy.
According to TipRanks.com, Subramanian is ranked #809 out of 8366 analysts.
Siemens Energy has an analyst consensus of Moderate Buy, with a price target consensus of $27.72, which is a 14.8% upside from current levels. In a report issued on May 2, HSBC also maintained a Buy rating on the stock with a EUR24.00 price target.
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Oneok (OKE)
In a report released today, Gabe Moreen from Mizuho Securities maintained a Hold rating on Oneok, with a price target of $70.00. The company’s shares closed last Friday at $63.72.
According to TipRanks.com, Moreen is a 4-star analyst with an average return of 5.6% and a 66.3% success rate. Moreen covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Western Midstream Partners, and Magellan Midstream.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oneok with a $74.75 average price target.
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