Siemens (OTCMKTS:SIEGY) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Friday, ValuEngine reports.

A number of other brokerages also recently issued reports on SIEGY. Zacks Investment Research raised Siemens from a “sell” rating to a “hold” rating in a research report on Thursday, October 3rd. Societe Generale raised Siemens from a “hold” rating to a “buy” rating in a research report on Tuesday, July 23rd. Deutsche Bank raised Siemens from a “hold” rating to a “buy” rating in a research report on Wednesday, September 4th. Finally, HSBC raised Siemens from a “hold” rating to a “buy” rating in a research report on Wednesday, September 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. Siemens has a consensus rating of “Buy” and an average price target of $65.00.

OTCMKTS:SIEGY traded up $0.15 during trading hours on Friday, reaching $62.74. 180,163 shares of the company were exchanged, compared to its average volume of 195,857. The company has a market capitalization of $101.95 billion, a P/E ratio of 15.53, a P/E/G ratio of 1.80 and a beta of 1.10. Siemens has a 1-year low of $46.85 and a 1-year high of $62.85. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.26 and a quick ratio of 0.96. The business has a 50 day moving average of $55.42 and a 200 day moving average of $55.69.

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Siemens (OTCMKTS:SIEGY)

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