Siemens (OTCMKTS:SIEGY) Stock Rating Upgraded by ValuEngine

Siemens (OTCMKTS:SIEGY) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Tuesday, ValuEngine reports.

Several other research analysts have also weighed in on SIEGY. HSBC raised Siemens from a “hold” rating to a “buy” rating in a research report on Wednesday, September 25th. Deutsche Bank raised Siemens from a “hold” rating to a “buy” rating in a research report on Wednesday, September 4th. Finally, Zacks Investment Research raised Siemens from a “sell” rating to a “hold” rating in a research report on Thursday, October 3rd. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Siemens presently has a consensus rating of “Buy” and a consensus target price of $65.00.

Shares of SIEGY opened at $65.41 on Tuesday. The company has a current ratio of 1.26, a quick ratio of 0.96 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $110.50 billion, a P/E ratio of 18.32, a price-to-earnings-growth ratio of 1.61 and a beta of 1.13. The stock’s fifty day simple moving average is $60.71 and its 200 day simple moving average is $56.22. Siemens has a twelve month low of $46.85 and a twelve month high of $65.81.

Siemens (OTCMKTS:SIEGY) last issued its earnings results on Thursday, November 7th. The technology company reported $0.89 earnings per share 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%. Sell-side analysts predict that Siemens will post 3.77 earnings per share for the current year.

Siemens Company Profile

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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