Siemens Aktiengesellschaft (OTCMKTS:SIEGY) PT Lowered to €170.00

Siemens Aktiengesellschaft (OTCMKTS:SIEGYGet Rating) had its target price dropped by equities researchers at Deutsche Bank Aktiengesellschaft from €175.00 ($182.29) to €170.00 ($177.08) in a research note issued to investors on Tuesday, The Fly reports.

SIEGY has been the topic of a number of other research reports. Barclays decreased their price target on shares of Siemens Aktiengesellschaft from €141.00 ($146.88) to €129.00 ($134.38) in a research note on Tuesday, April 5th. Royal Bank of Canada boosted their price objective on Siemens Aktiengesellschaft from €150.00 ($156.25) to €175.00 ($182.29) in a research note on Wednesday, April 6th. JPMorgan Chase & Co. dropped their target price on Siemens Aktiengesellschaft from €190.00 ($197.92) to €178.00 ($185.42) and set an “overweight” rating for the company in a report on Friday. Citigroup lowered their price target on Siemens Aktiengesellschaft from €215.00 ($223.96) to €207.00 ($215.63) in a research report on Friday, March 18th. Finally, UBS Group reduced their target price on shares of Siemens Aktiengesellschaft from €168.00 ($175.00) to €153.00 ($159.38) and set a “buy” rating on the stock in a research note on Monday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $154.30.

OTCMKTS SIEGY opened at $59.63 on Tuesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.15 and a current ratio of 1.39. Siemens Aktiengesellschaft has a 1-year low of $57.86 and a 1-year high of $89.66. The business has a 50 day simple moving average of $66.02 and a two-hundred day simple moving average of $76.02.

Siemens Aktiengesellschaft Company Profile (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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