Siemens (SIEGY) Downgraded by Barclays
Siemens (OTCMKTS:SIEGY) was downgraded by equities research analysts at Barclays from an “equal weight” rating to an “underweight” rating in a research note issued to investors on Tuesday.
SIEGY has been the topic of several other research reports. Zacks Investment Research cut shares of Siemens from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 16th. ValuEngine cut shares of Siemens from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $79.00.
Shares of Siemens (SIEGY) traded down $0.93 on Tuesday, hitting $66.77. 292,459 shares of the stock traded hands, compared to its average volume of 160,498. The firm has a market cap of $115,090.00, a PE ratio of 17.01, a P/E/G ratio of 1.48 and a beta of 1.43. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.30 and a quick ratio of 0.83. Siemens has a 12 month low of $57.97 and a 12 month high of $73.42.
Siemens Company Profile
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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