Siemens AG (NASDAQ:SIEGY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.

According to Zacks, “SIEMENS AG-ADR is the world’s largest supplier of products, systems, solutions and services for industrial automation and building technology. This business area includes Automation and Drives Industrial Solutions and Services Siemens Dematic Siemens Building Technologies AG. “

Separately, Berenberg Bank upgraded shares of Siemens AG from a “hold” rating to a “buy” rating in a research note on Monday, October 3rd.

Shares of Siemens AG (NASDAQ:SIEGY) opened at 115.96 on Wednesday. The company has a market cap of $93.87 billion and a P/E ratio of 16.26. The firm has a 50-day moving average of $117.50 and a 200-day moving average of $110.03. Siemens AG has a 12-month low of $86.58 and a 12-month high of $122.84.

Siemens AG Company Profile

5 Day Chart for NASDAQ:SIEGY

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