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

Shares of Siemens AG (OTCMKTS:SIEGY) have received an average rating of “Buy” from the eight research firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company.

SIEGY has been the topic of a number of research analyst reports. Deutsche Bank raised Siemens from a “hold” rating to a “buy” rating in a research note on Wednesday, September 4th. HSBC raised Siemens from a “hold” rating to a “buy” rating in a research note on Wednesday, September 25th. Societe Generale raised Siemens from a “hold” rating to a “buy” rating in a research note on Tuesday, July 23rd. Zacks Investment Research raised Siemens from a “sell” rating to a “hold” rating in a research note on Thursday, October 3rd. Finally, ValuEngine lowered Siemens from a “hold” rating to a “sell” rating in a research note on Friday, November 8th.

Shares of SIEGY traded up $0.22 during trading hours on Tuesday, reaching $63.51. 104,061 shares of the company traded hands, compared to its average volume of 194,440. The company has a quick ratio of 0.96, a current ratio of 1.26 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $107.00 billion, a PE ratio of 17.79, a price-to-earnings-growth ratio of 1.58 and a beta of 1.10. Siemens has a fifty-two week low of $46.85 and a fifty-two week high of $63.51. The stock has a fifty day simple moving average of $56.58 and a 200 day simple moving average of $55.80.

Siemens (OTCMKTS:SIEGY) last posted its quarterly earnings data on Thursday, November 7th. The technology company reported $0.89 EPS for the quarter. The business had revenue of $27.26 billion for the quarter. Siemens had a return on equity of 10.86% and a net margin of 5.96%. Research analysts predict that Siemens will post 3.73 EPS for the current fiscal year.

About Siemens

Siemens Aktiengesellschaft operates in the fields of electrification, automation, and digitalization worldwide. Its Power and Gas segment offers gas and steam turbines, generators, compressor trains, integrated power plant solutions, and instrumentation and control systems for power generation. The company's Energy Management segment offers software, products, systems, solutions, and services for transmitting, distributing, and managing electrical power, as well as for providing intelligent power infrastructure.

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Analyst Recommendations for Siemens (OTCMKTS:SIEGY)

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