Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Price Target Raised to €94.00

Siemens Aktiengesellschaft (OTCMKTS:SIEGYGet Rating) had its price objective boosted by equities research analysts at Barclays from €90.00 ($92.78) to €94.00 ($96.91) in a report released on Friday, The Fly reports. The firm presently has an “underweight” rating on the technology company’s stock.

Several other equities analysts also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft cut their price target on shares of Siemens Aktiengesellschaft from €160.00 ($164.95) to €145.00 ($149.48) in a report on Wednesday, October 5th. Societe Generale downgraded shares of Siemens Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Friday, October 14th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $152.50.

Siemens Aktiengesellschaft Trading Up 1.5 %

Shares of SIEGY stock opened at $68.31 on Friday. Siemens Aktiengesellschaft has a 12-month low of $46.37 and a 12-month high of $89.66. The company has a market capitalization of $116.13 billion, a P/E ratio of 27.77, a P/E/G ratio of 1.73 and a beta of 1.12. The firm has a 50-day moving average price of $53.87 and a 200 day moving average price of $55.25. The company has a quick ratio of 1.08, a current ratio of 1.33 and a debt-to-equity ratio of 0.81.

About Siemens Aktiengesellschaft

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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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