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

Siemens AG (OTCMKTS:SIEGY) has been assigned an average rating of “Hold” from the ten ratings firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, seven have given a hold rating, one has given a buy rating and one has issued a strong buy rating on the company.

A number of research firms have recently weighed in on SIEGY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Siemens in a report on Tuesday, August 12th. Morgan Stanley reiterated an “overweight” rating on shares of Siemens in a research note on Wednesday, July 30th. Santander lowered shares of Siemens to a “neutral” rating in a research note on Wednesday, September 3rd. Barclays reiterated an “underweight” rating on shares of Siemens in a research note on Thursday, July 10th. Finally, Sanford C. Bernstein lowered shares of Siemens from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 2nd.

Siemens Stock Up 2.1%

Siemens stock opened at $133.28 on Tuesday. The company has a market capitalization of $213.25 billion, a P/E ratio of 19.75, a P/E/G ratio of 3.12 and a beta of 1.17. The firm’s fifty day simple moving average is $133.82 and its 200-day simple moving average is $124.90. The company has a current ratio of 1.50, a quick ratio of 1.24 and a debt-to-equity ratio of 0.70. Siemens has a 1-year low of $91.57 and a 1-year high of $140.19.

Siemens (OTCMKTS:SIEGY) last released its quarterly earnings results on Thursday, August 7th. The technology company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.16. The business had revenue of $22.52 billion for 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%. Sell-side analysts forecast 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.