Siemens (SIEGY) Raised to “Buy” at ValuEngine

ValuEngine upgraded shares of Siemens (OTCMKTS:SIEGY) from a hold rating to a buy rating in a report issued on Wednesday.

A number of other equities analysts have also commented on SIEGY. Zacks Investment Research raised shares of Siemens from a strong sell rating to a hold rating in a research report on Thursday, January 11th. Barclays lowered shares of Siemens from an equal weight rating to an underweight rating in a research report on Tuesday, December 5th. Finally, Morgan Stanley raised shares of Siemens from an equal weight rating to an overweight rating in a research report on Monday, December 11th.

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Siemens (OTCMKTS SIEGY) opened at $65.17 on Wednesday. Siemens has a 1 year low of $63.25 and a 1 year high of $77.17. The company has a market cap of $111,430.00, a PE ratio of 15.05, a P/E/G ratio of 1.29 and a beta of 1.50. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.89 and a current ratio of 1.35.

Siemens (OTCMKTS:SIEGY) last released its quarterly earnings results on Wednesday, January 31st. The technology company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.08. Siemens had a net margin of 7.59% and a return on equity of 15.45%. The business had revenue of $23.35 billion for the quarter, compared to analyst estimates of $24.69 billion. analysts anticipate that Siemens will post 5.05 EPS for the current year.

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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.

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

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