Barclays PLC Reiterates “€13.00” Price Target for Siemens Gamesa Renewable Energy SA (GAM)

Barclays PLC set a €13.00 ($15.29) price target on Siemens Gamesa Renewable Energy SA (BME:GAM) in a report published on Tuesday. The brokerage currently has a neutral rating on the stock.

Shares of Siemens Gamesa Renewable Energy SA (BME:GAM) opened at 34.30 on Tuesday. The company has a 50-day moving average price of $34.77 and a 200-day moving average price of $33.88. Siemens Gamesa Renewable Energy SA has a 52 week low of $28.72 and a 52 week high of $35.40. The stock has a market cap of $919.62 million and a price-to-earnings ratio of 6.05.

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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.

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