Siemens (SIEGY) Upgraded at Morgan Stanley
Siemens (OTCMKTS:SIEGY) was upgraded by equities researchers at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research note issued on Monday, Marketbeat reports.
SIEGY has been the topic of a number of other reports. Zacks Investment Research cut Siemens from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 16th. ValuEngine upgraded Siemens from a “hold” rating to a “buy” rating in a research note on Monday, September 11th. Finally, Barclays cut Siemens from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, December 5th. Three research analysts have rated the stock with a sell rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $79.00.
Siemens (SIEGY) traded up $1.23 during trading hours on Monday, reaching $69.02. The company’s stock had a trading volume of 78,961 shares, compared to its average volume of 231,555. The company has a quick ratio of 0.83, a current ratio of 1.30 and a debt-to-equity ratio of 0.63. Siemens has a one year low of $59.26 and a one year high of $73.42. The firm has a market capitalization of $115,243.00, a PE ratio of 17.08, a price-to-earnings-growth ratio of 1.48 and a beta of 1.38.
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Siemens Company Profile
Siemens AG is a Germany-based technology company with activities in the fields of electrification, automation and digitalization. It is also a supplier of systems for power generation and transmission, as well as medical diagnosis. It operates through nine segments: Power and Gas; Wind Power and Renewables; Energy Management; Building Technologies; Mobility; Digital Factory; Process Industries and Drives; Healthineers, and Financial Services.
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