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

Siemens AG (OTCMKTS:SIEGY) has earned a consensus recommendation of “Hold” from the six analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company.

A number of research firms have commented on SIEGY. Barclays reiterated an “underweight” rating on shares of Siemens in a research report on Thursday, July 10th. Morgan Stanley reissued an “overweight” rating on shares of Siemens in a research note on Wednesday, July 30th. Finally, Wall Street Zen downgraded Siemens from a “buy” rating to a “hold” rating in a research note on Wednesday, May 28th.

Siemens Price Performance

Shares of OTCMKTS SIEGY opened at $127.82 on Monday. The stock has a market capitalization of $204.50 billion, a PE ratio of 19.31, a P/E/G ratio of 2.27 and a beta of 1.17. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.19 and a quick ratio of 0.98. The business has a fifty day moving average price of $127.09 and a two-hundred day moving average price of $119.24. Siemens has a fifty-two week low of $83.87 and a fifty-two week high of $136.36.

Siemens (OTCMKTS:SIEGY) last posted its quarterly earnings results on Thursday, May 15th. The technology company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.22. Siemens had a return on equity of 13.19% and a net margin of 12.61%. The company had revenue of $22.15 billion during the quarter, compared to analysts’ expectations of $19.28 billion. As a group, equities analysts predict that Siemens will post 6.59 earnings per share for the current fiscal year.

Siemens Company Profile

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 (SFS) segments.