Goldman Sachs Group, Inc. (The) set a €15.00 ($17.44) target price on Siemens Gamesa Renewable Energy SA (BME:GAM) in a research report report published on Monday morning. The firm currently has a buy rating on the stock.

A number of other research analysts have also recently weighed in on GAM. J P Morgan Chase & Co set a €11.50 ($13.37) target price on shares of Siemens Gamesa Renewable Energy SA and gave the company a neutral rating in a research note on Wednesday, November 1st. Barclays PLC set a €11.50 ($13.37) price target on shares of Siemens Gamesa Renewable Energy SA and gave the company a neutral rating in a research note on Friday, October 27th. HSBC Holdings plc set a €12.50 ($14.53) price target on shares of Siemens Gamesa Renewable Energy SA and gave the company a neutral rating in a research note on Monday. Societe Generale set a €13.50 ($15.70) price target on shares of Siemens Gamesa Renewable Energy SA and gave the company a neutral rating in a research note on Wednesday, October 18th. Finally, Macquarie set a €10.14 ($11.79) target price on shares of Siemens Gamesa Renewable Energy SA and gave the stock a sell rating in a research note on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The stock currently has an average rating of Hold and an average target price of €12.36 ($14.37).

Siemens Gamesa Renewable Energy SA (BME GAM) traded down €0.82 ($0.95) on Monday, reaching €11.15 ($12.97). 8,520,000 shares of the company’s stock were exchanged, compared to its average volume of 4,030,000. Siemens Gamesa Renewable Energy SA has a 52-week low of €10.65 ($12.38) and a 52-week high of €22.54 ($26.21).

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About Siemens Gamesa Renewable Energy SA

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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