Siemens (OTCMKTS:SIEGY) Given Buy Rating at Deutsche Bank
Deutsche Bank reaffirmed their buy rating on shares of Siemens (OTCMKTS:SIEGY) in a research report released on Monday morning, The Fly reports.
SIEGY has been the topic of several other reports. JPMorgan Chase & Co. restated an overweight rating on shares of Siemens in a research report on Friday, August 7th. Citigroup reissued a buy rating on shares of Siemens in a research note on Friday, August 7th. Zacks Investment Research raised Siemens from a sell rating to a hold rating in a research note on Thursday, May 28th. Finally, Societe Generale reissued a buy rating on shares of Siemens in a research note on Thursday, May 14th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Siemens has an average rating of Buy and an average target price of $78.00.
Shares of SIEGY opened at $69.09 on Monday. The stock has a 50 day simple moving average of $62.83 and a 200-day simple moving average of $53.60. Siemens has a 1 year low of $31.62 and a 1 year high of $70.00. The stock has a market cap of $116.48 billion, a PE ratio of 28.32, a PEG ratio of 2.50 and a beta of 1.22. The company has a current ratio of 1.58, a quick ratio of 1.43 and a debt-to-equity ratio of 0.78.
Siemens Aktiengesellschaft operates in the fields of electrification, automation, and digitalization worldwide. Its Power and Gas segment offers gas and steam turbines, generators, compressor trains, integrated power plant solutions, and instrumentation and control systems for power generation. The company's Energy Management segment offers software, products, systems, solutions, and services for transmitting, distributing, and managing electrical power, as well as for providing intelligent power infrastructure.
See Also: How to interpret the current ratio
Receive News & Ratings for Siemens Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Siemens and related companies with MarketBeat.com's FREE daily email newsletter.