Analyst Price Target is $17.35
▼ -8.23% Downside Potential
This price target is based on 10 analysts offering 12 month price targets for Siemens Gamesa Renewable Energy in the last 3 months. The average price target is $17.35, with a high forecast of $23.00 and a low forecast of $11.00. The average price target represents a -8.23% upside from the last price of $18.91.
Current Consensus is
The current consensus among 10 contributing investment analysts is to hold stock in Siemens Gamesa Renewable Energy. This Hold consensus rating has held steady for over two years.
Siemens Gamesa Renewable Energy, S.A., together with its subsidiaries, supplies wind power solutions in Europe, the Middle East, Africa, Americas, Asia, and Australia. It operates through two segments, Wind Turbines and Operation and Maintenance. The Wind Turbines segment offers wind turbines for various pitch and speed technologies, as well as provides development, construction, and sale of wind farms. The Operation and Maintenance segment engages in the management, monitoring, and maintenance of wind farms. It has a total installed capacity of approximately 107 gigawatts. The company was formerly known as Gamesa Corporación Tecnológica, Sociedad Anónima and changed its name to Siemens Gamesa Renewable Energy, S.A. in May 2017. The company was founded in 1976 and is headquartered in Zamudio, Spain. Siemens Gamesa Renewable Energy, S.A. operates as a subsidiary of Siemens Energy Global GmbH & Co. KG.