Barclays downgraded shares of Siemens (OTCMKTS:SIEGY) from an equal weight rating to an underweight rating in a report released on Tuesday morning.

Other equities analysts have also recently issued research reports about the stock. Zacks Investment Research raised shares of Siemens from a hold rating to a strong-buy rating and set a $79.00 price objective on the stock in a research report on Wednesday, September 13th. ValuEngine cut shares of Siemens from a buy rating to a hold rating in a research report on Thursday, August 10th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $79.00.

Siemens (OTCMKTS:SIEGY) opened at $66.69 on Tuesday. The stock has a market cap of $115,089.99, a PE ratio of 17.05, a PEG ratio of 1.48 and a beta of 1.38. The company has a current ratio of 1.30, a quick ratio of 0.83 and a debt-to-equity ratio of 0.63. Siemens has a 1 year low of $57.97 and a 1 year high of $73.42.

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About Siemens

Siemens AG is a Germany-based technology company with activities in the fields of electrification, automation and digitalization. It is also a supplier of systems for power generation and transmission, as well as medical diagnosis. It operates through nine segments: Power and Gas; Wind Power and Renewables; Energy Management; Building Technologies; Mobility; Digital Factory; Process Industries and Drives; Healthineers, and Financial Services.

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