Siemens (SIEGY) Rating Lowered to Underweight at Barclays

Siemens (OTCMKTS:SIEGY) was downgraded by investment analysts at Barclays from an “equal weight” rating to an “underweight” rating in a research report issued to clients and investors on Tuesday.

Several other research firms also recently issued reports on SIEGY. Zacks Investment Research downgraded shares of Siemens from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 5th. ValuEngine upgraded shares of Siemens from a “hold” rating to a “buy” rating in a report on Monday, September 11th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $79.00.

Siemens (OTCMKTS SIEGY) opened at $66.63 on Tuesday. Siemens has a twelve month low of $57.97 and a twelve month high of $73.42. The company has a current ratio of 1.30, a quick ratio of 0.83 and a debt-to-equity ratio of 0.63. The stock has a market cap of $115,089.99, a PE ratio of 17.05, a PEG ratio of 1.48 and a beta of 1.38.

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Siemens Company Profile

Siemens AG is a Germany-based technology company with activities in the fields of electrification, automation and digitalization. It is also a supplier of systems for power generation and transmission, as well as medical diagnosis. It operates through nine segments: Power and Gas; Wind Power and Renewables; Energy Management; Building Technologies; Mobility; Digital Factory; Process Industries and Drives; Healthineers, and Financial Services.

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