Siegfried (SGFEF) Expected to Release Earnings on Friday

Siegfried (OTCMKTS:SGFEF) is expected to be issuing its results before the market opens on Friday, August 21st. Analysts expect the company to post earnings of $1.97 per share and revenue of $767.9710 million for the quarter.

Siegfried Stock Performance

OTCMKTS:SGFEF opened at $84.12 on Thursday. Siegfried has a 12-month low of $84.12 and a 12-month high of $100.00. The stock’s fifty day simple moving average is $85.07 and its 200-day simple moving average is $95.69.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SGFEF. UBS Group cut Siegfried to a “neutral” rating in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Siegfried in a research report on Wednesday, April 29th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

About Siegfried

Siegfried Holding AG, trading over the counter as SGFEF, is a Switzerland-based contract development and manufacturing organization (CDMO) specializing in active pharmaceutical ingredients (APIs) and finished dosage forms. Founded in 1873 and headquartered in Zofingen, the company has grown from a regional chemical producer into a global partner for pharmaceutical and biotechnology firms. Over its more than 140-year history, Siegfried has expanded through strategic acquisitions and investments in research and production technologies to meet evolving industry needs.

The company’s core offerings include custom synthesis, process development and scale-up for small-molecule APIs, as well as commercial-scale API manufacturing.