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

Siemens AG (OTCMKTS:SIEGY) has been assigned a consensus recommendation of “Hold” from the ten research firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating on the company.

Several equities analysts recently issued reports on the company. Sanford C. Bernstein started coverage on Siemens in a research report on Wednesday, January 7th. They issued an “outperform” rating for the company. Kepler Capital Markets lowered shares of Siemens from a “hold” rating to a “reduce” rating in a research note on Tuesday, January 27th. Barclays reissued an “underweight” rating on shares of Siemens in a research report on Wednesday, December 3rd. Santander raised shares of Siemens from a “neutral” rating to an “outperform” rating in a research report on Wednesday, February 4th. Finally, Zacks Research raised shares of Siemens from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 15th.

Siemens Price Performance

Shares of SIEGY stock opened at $122.86 on Tuesday. The firm has a market capitalization of $196.58 billion, a price-to-earnings ratio of 21.74 and a beta of 1.25. Siemens has a 12-month low of $94.55 and a 12-month high of $161.80. The company has a quick ratio of 1.15, a current ratio of 1.38 and a debt-to-equity ratio of 0.59. The firm has a fifty day moving average of $143.75 and a 200-day moving average of $139.72.

Siemens (OTCMKTS:SIEGY) last posted its earnings results on Thursday, February 12th. The technology company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.23. Siemens had a return on equity of 11.90% and a net margin of 9.93%.The firm had revenue of $22.70 billion for the quarter, compared to analyst estimates of $18.95 billion. On average, equities research analysts forecast 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.