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

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

A number of brokerages have commented on SIEGY. Zacks Research upgraded shares of Siemens from a “strong sell” rating to a “hold” rating in a report on Thursday, January 15th. Kepler Capital Markets downgraded shares of Siemens from a “hold” rating to a “reduce” rating in a research report on Tuesday, January 27th. Erste Group Bank cut shares of Siemens from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Santander raised shares of Siemens from a “neutral” rating to an “outperform” rating in a report on Wednesday, February 4th. Finally, Sanford C. Bernstein began coverage on Siemens in a report on Wednesday, January 7th. They set an “outperform” rating for the company.

Siemens Stock Performance

Shares of OTCMKTS:SIEGY opened at $141.42 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.37 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $226.27 billion, a price-to-earnings ratio of 25.02 and a beta of 1.25. The firm has a 50 day moving average of $146.36 and a 200 day moving average of $139.77. Siemens has a 52 week low of $94.55 and a 52 week high of $161.80.

Siemens (OTCMKTS:SIEGY) last announced its quarterly earnings results on Thursday, February 12th. The technology company reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.23. The business had revenue of $22.70 billion for the quarter, compared to the consensus estimate of $18.95 billion. Siemens had a return on equity of 12.37% and a net margin of 9.93%. On average, sell-side analysts predict that Siemens will post 6.59 earnings per share for the current fiscal year.

About Siemens

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.