Siemens AG (OTCMKTS:SIEGY) Given Consensus Recommendation of “Buy” by Brokerages
Siemens AG (OTCMKTS:SIEGY) has been assigned an average recommendation of “Buy” from the ten research firms that are covering the company, MarketBeat reports. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company.
A number of research analysts have issued reports on the stock. Deutsche Bank raised shares of Siemens from a “hold” rating to a “buy” rating in a report on Wednesday, September 4th. HSBC raised shares of Siemens from a “hold” rating to a “buy” rating in a report on Wednesday, September 25th. Zacks Investment Research raised shares of Siemens from a “sell” rating to a “hold” rating in a report on Thursday, October 3rd. ValuEngine raised shares of Siemens from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Finally, Morgan Stanley cut shares of Siemens from an “overweight” rating to an “equal” rating in a report on Thursday, December 5th.
OTCMKTS:SIEGY traded down $0.67 during midday trading on Friday, reaching $63.89. 71,588 shares of the stock traded hands, compared to its average volume of 111,405. Siemens has a 12-month low of $46.85 and a 12-month high of $65.81. The business has a 50-day moving average of $61.64 and a two-hundred day moving average of $56.35. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.10 and a current ratio of 1.39. The stock has a market capitalization of $108.61 billion, a PE ratio of 17.90, a price-to-earnings-growth ratio of 1.61 and a beta of 1.13.
Siemens Company Profile
Siemens Aktiengesellschaft operates in the fields of electrification, automation, and digitalization worldwide. Its Power and Gas segment offers gas and steam turbines, generators, compressor trains, integrated power plant solutions, and instrumentation and control systems for power generation. The company's Energy Management segment offers software, products, systems, solutions, and services for transmitting, distributing, and managing electrical power, as well as for providing intelligent power infrastructure.
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