SIEMENS GAMESA RENEWABLE ENERGY receives two new qualifications and slightly improves to Neutral
The independent financial analyst theScreener just changed two ratings for the qualification of SIEMENS GAMESA RENEWABLE ENERGY (ES), active in the Renewable Energy Equipment industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 3 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date March 1, 2022, the closing price was EUR 19.73 and its expected value was estimated at EUR 18.34.Siemens Gamesa Renewable Energy is a holding company. Through its subsidiaries, Co. is engaged in the business of renewable energy sources, primarily wind power but also including solar energy where its acts as a supplier and manufacturer of technological products, installations and services. Co. is organized along the lines of: promotion, construction and sale of wind farms, engineering, design, manufacture and sale of wind turbines, manufacture of thermic and photovoltaic solar components, promotion and sale of photovoltaic solar farms. Co. also participates in both Spanish and European working groups aimed at establishing priorities for its sector's research & development work.
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