Siemens AG (OTCMKTS:SIEGY) Given Average Recommendation of “Hold” by Analysts

Shares of Siemens AG (OTCMKTS:SIEGY) have received an average recommendation of “Hold” from the ten brokerages that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company.

SIEGY has been the subject of several research analyst reports. Barclays restated an “underweight” rating on shares of Siemens in a research report on Thursday, July 10th. Morgan Stanley reiterated an “overweight” rating on shares of Siemens in a research report on Wednesday, July 30th. Sanford C. Bernstein downgraded shares of Siemens from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 2nd. Santander downgraded shares of Siemens to a “neutral” rating in a research report on Wednesday, September 3rd. Finally, Zacks Research downgraded shares of Siemens from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 22nd.

Siemens Stock Up 2.1%

Shares of OTCMKTS:SIEGY opened at $133.28 on Tuesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.24 and a current ratio of 1.50. The company has a market cap of $213.25 billion, a PE ratio of 19.75, a price-to-earnings-growth ratio of 3.12 and a beta of 1.17. Siemens has a 52 week low of $91.57 and a 52 week high of $140.19. The firm has a 50 day simple moving average of $133.82 and a 200 day simple moving average of $124.90.

Siemens (OTCMKTS:SIEGY) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $1.44 EPS for the quarter, beating the consensus estimate of $1.28 by $0.16. The business had revenue of $22.52 billion during the quarter, compared to the consensus estimate of $19.17 billion. Siemens had a net margin of 12.59% and a return on equity of 12.61%. As a group, research analysts expect that Siemens will post 6.59 earnings per share for the current year.

Siemens Company Profile

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. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.