Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Upgraded at Zacks Investment Research

Siemens Aktiengesellschaft (OTCMKTS:SIEGYGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks.com reports.

According to Zacks, “SIEMENS AG-ADR is the world’s largest supplier of products, systems, solutions and services for industrial automation and building technology. This business area includes Automation and Drives Industrial Solutions and Services Siemens Dematic Siemens Building Technologies AG. “

Several other research firms have also issued reports on SIEGY. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Siemens Aktiengesellschaft from €195.00 ($209.68) to €185.00 ($198.92) in a research report on Wednesday, April 6th. Sanford C. Bernstein raised shares of Siemens Aktiengesellschaft from an “underperform” rating to a “market perform” rating and set a $123.00 price target for the company in a research note on Wednesday, March 9th. Morgan Stanley dropped their price target on shares of Siemens Aktiengesellschaft from €22.60 ($24.30) to €22.00 ($23.66) in a research note on Wednesday, April 6th. Royal Bank of Canada lifted their target price on shares of Siemens Aktiengesellschaft from €150.00 ($161.29) to €175.00 ($188.17) in a research note on Wednesday, April 6th. Finally, Societe Generale raised shares of Siemens Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Thursday, January 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $136.75.

Shares of OTCMKTS SIEGY opened at $63.01 on Tuesday. The company has a fifty day moving average price of $69.20 and a 200 day moving average price of $78.21. Siemens Aktiengesellschaft has a 1-year low of $60.10 and a 1-year high of $89.66. The company has a current ratio of 1.39, a quick ratio of 1.15 and a debt-to-equity ratio of 0.80. The firm has a market cap of $107.12 billion, a PE ratio of 13.46, a PEG ratio of 1.38 and a beta of 1.06.

Siemens Aktiengesellschaft (OTCMKTS:SIEGYGet Rating) last issued its earnings results on Thursday, February 10th. The technology company reported $1.17 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.11 by $0.06. The company had revenue of $18.87 billion for the quarter. Siemens Aktiengesellschaft had a net margin of 9.95% and a return on equity of 11.17%. Equities research analysts forecast that Siemens Aktiengesellschaft will post 4.57 EPS for the current year.

About Siemens Aktiengesellschaft (Get Rating)

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 segments.

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