Siemens Aktiengesellschaft’s (SIEGY) “Hold” Rating Reaffirmed at Societe Generale

Societe Generale reiterated their hold rating on shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY) in a report issued on Tuesday morning, The Fly reports.

SIEGY has been the topic of several other research reports. Berenberg Bank restated a buy rating on shares of Siemens Aktiengesellschaft in a research note on Friday, February 5th. DZ Bank restated a buy rating on shares of Siemens Aktiengesellschaft in a research note on Wednesday, April 21st. Morgan Stanley restated an equal weight rating on shares of Siemens Aktiengesellschaft in a research note on Monday, May 10th. Citigroup restated a buy rating on shares of Siemens Aktiengesellschaft in a research note on Wednesday, January 27th. Finally, Zacks Investment Research lowered Siemens Aktiengesellschaft from a buy rating to a hold rating in a research note on Tuesday, March 30th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company currently has an average rating of Buy and an average target price of $90.00.

Shares of OTCMKTS SIEGY opened at $88.17 on Tuesday. The stock has a 50 day moving average price of $84.42 and a 200 day moving average price of $76.85. Siemens Aktiengesellschaft has a 52 week low of $46.14 and a 52 week high of $88.17. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.32 and a current ratio of 1.55. The stock has a market capitalization of $149.89 billion, a PE ratio of 31.38, a price-to-earnings-growth ratio of 1.33 and a beta of 1.09.

About Siemens Aktiengesellschaft

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. Its Digital Industries segment offers automation systems and software for factories, numerical control systems, motors, drives and inverters, and integrated automation systems for machine tools and production machines; process control systems, machine-to-machine communication products, sensors and radio frequency identification systems; production and product lifecycle management software; mechatronic systems simulation and testing software; and cloud-based industrial Internet of Things operating system.

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The Fly

Analyst Recommendations for Siemens Aktiengesellschaft (OTCMKTS:SIEGY)

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