Siemens (SIEGY) Rating Lowered to Hold at ValuEngine

Siemens (OTCMKTS:SIEGY) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.

SIEGY has been the subject of several other research reports. Zacks Investment Research downgraded Siemens from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 16th. Barclays downgraded Siemens from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, December 5th. Finally, Morgan Stanley upgraded Siemens from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 11th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the stock. Siemens presently has a consensus rating of “Hold” and a consensus price target of $79.00.

Shares of Siemens (OTCMKTS:SIEGY) traded up $1.96 during mid-day trading on Thursday, reaching $72.30. The company’s stock had a trading volume of 167,340 shares, compared to its average volume of 222,974. The company has a quick ratio of 0.83, a current ratio of 1.30 and a debt-to-equity ratio of 0.63. Siemens has a 12-month low of $60.08 and a 12-month high of $73.42. The company has a market capitalization of $122,690.00, a P/E ratio of 16.62, a P/E/G ratio of 1.52 and a beta of 1.43.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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