Siemens Downgraded to Hold at Berenberg Bank (SI)
Siemens (NYSE:SI) was downgraded by analysts at Berenberg Bank from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, Stock Ratings News reports.
A number of other analysts have also recently weighed in on SI. Analysts at Bank of America Corp. downgraded shares of Siemens from a “buy” rating to a “neutral” rating in a research note to investors on Friday. Separately, analysts at Banco Sabadell downgraded shares of Siemens from a “buy” rating to a “sell” rating in a research note to investors on Thursday, November 14th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Siemens in a research note to investors on Wednesday, November 13th. They now have a $134.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $134.00.
Shares of Siemens (NYSE:SI) opened at 133.79 on Friday. Siemens has a one year low of $98.69 and a one year high of $139.28. The stock’s 50-day moving average is $132.6 and its 200-day moving average is $119.9. The company has a market cap of $112.8 billion and a P/E ratio of 20.59.
The company also recently announced a annual dividend, which is scheduled for Wednesday, February 5th. Shareholders of record on Tuesday, January 28th will be paid a dividend of 4.0686 per share. This represents a dividend yield of 3.19%. The ex-dividend date is Wednesday, January 29th.
Siemens AG is engaged in electronics and electrical engineering. The Company is an integrated technology company with activities in the fields of industry, energy and healthcare.
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