Siemens AG (OTCMKTS:SIEGY) Given Average Recommendation of "Hold" by Brokerages

Siemens AG (OTCMKTS:SIEGY - Get Free Report) has earned an average recommendation of "Hold" from the five ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a strong buy rating on the company.

SIEGY has been the topic of several analyst reports. Royal Bank Of Canada downgraded shares of Siemens from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, March 19th. Wall Street Zen downgraded shares of Siemens from a "buy" rating to a "hold" rating in a research report on Wednesday, May 28th. Finally, Barclays reissued an "underweight" rating on shares of Siemens in a research report on Thursday.

Siemens Stock Performance

OTCMKTS:SIEGY traded up $0.80 during mid-day trading on Thursday, hitting $132.97. The stock had a trading volume of 108,979 shares, compared to its average volume of 286,808. The stock has a market capitalization of $212.75 billion, a price-to-earnings ratio of 20.09, a P/E/G ratio of 2.38 and a beta of 1.17. The company has a 50 day simple moving average of $123.92 and a 200-day simple moving average of $115.00. Siemens has a 52 week low of $83.64 and a 52 week high of $133.28. The company has a current ratio of 1.19, a quick ratio of 0.98 and a debt-to-equity ratio of 0.61.

Siemens (OTCMKTS:SIEGY - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The technology company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.22. The firm had revenue of $22.15 billion for the quarter, compared to the consensus estimate of $19.28 billion. Siemens had a net margin of 12.61% and a return on equity of 13.19%. On average, research analysts expect that Siemens will post 6.59 earnings per share for the current fiscal 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.

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