Siemens AG (OTCMKTS:SIEGY) Given Consensus Rating of “Hold” by Brokerages

Siemens AG (OTCMKTS:SIEGY) has earned an average recommendation of “Hold” from the eleven analysts that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating on the company.

Several equities analysts have recently commented on SIEGY shares. Zacks Research raised Siemens from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 15th. Citigroup reaffirmed a “buy” rating on shares of Siemens in a research report on Friday, February 13th. Kepler Capital Markets downgraded Siemens from a “hold” rating to a “reduce” rating in a research report on Tuesday, January 27th. Santander raised Siemens from a “neutral” rating to an “outperform” rating in a research report on Wednesday, February 4th. Finally, HSBC raised Siemens from a “hold” rating to a “buy” rating in a research report on Tuesday, April 28th.

Siemens Price Performance

Shares of OTCMKTS SIEGY opened at $157.00 on Wednesday. Siemens has a twelve month low of $115.56 and a twelve month high of $161.80. The business’s 50 day moving average price is $134.06 and its two-hundred day moving average price is $139.27. 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 company has a market cap of $245.55 billion, a PE ratio of 27.78 and a beta of 1.39.

Siemens (OTCMKTS:SIEGY) last posted its earnings results on Thursday, February 12th. The technology company reported $1.50 EPS for the quarter, beating 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 company had revenue of $22.70 billion for the quarter, compared to the consensus estimate of $18.95 billion. On average, analysts predict that Siemens will post 6.5 EPS 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.