Siemens AG (OTCMKTS:SIEGY) Receives Consensus Rating of “Hold” from Brokerages

Shares of Siemens AG (OTCMKTS:SIEGY) have been given an average recommendation of “Hold” by the ten ratings firms that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, four have given a hold recommendation and four have assigned a buy recommendation to the company.

A number of brokerages recently commented on SIEGY. Citigroup reaffirmed a “buy” rating on shares of Siemens in a report on Friday, February 13th. Kepler Capital Markets cut Siemens from a “hold” rating to a “reduce” rating in a report on Tuesday, January 27th. Sanford C. Bernstein began coverage on Siemens in a research note on Wednesday, January 7th. They issued an “outperform” rating for the company. Santander upgraded Siemens from a “neutral” rating to an “outperform” rating in a research note on Wednesday, February 4th. Finally, Zacks Research upgraded Siemens from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 15th.

Siemens Price Performance

OTCMKTS SIEGY opened at $136.10 on Friday. The business’s fifty day moving average price is $134.67 and its 200-day moving average price is $138.60. The stock has a market capitalization of $212.86 billion, a price-to-earnings ratio of 24.08 and a beta of 1.31. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.38 and a quick ratio of 1.15. Siemens has a 1-year low of $103.09 and a 1-year high of $161.80.

Siemens (OTCMKTS:SIEGY) last released its quarterly earnings results on Thursday, February 12th. The technology company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.23. The firm had revenue of $22.70 billion for the quarter, compared to analysts’ expectations of $18.95 billion. Siemens had a return on equity of 11.90% and a net margin of 9.93%. On average, equities analysts predict that Siemens will post 6.59 earnings per share for the current year.

Siemens Company Profile

Siemens AG is a German multinational conglomerate headquartered in Munich that develops and sells infrastructure and industrial technology. The company’s activities cover a broad range of engineering and technology solutions, including industrial automation and control systems, software for product lifecycle and factory automation, building and energy management systems, and transportation solutions such as rolling stock and rail signaling. Siemens serves industrial, commercial and public-sector customers with products and turnkey systems as well as lifecycle services and digital solutions.

Siemens operates through multiple business units that emphasize digitalization, electrification and automation across industries.