Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Stock Rating Upgraded by Citigroup

Citigroup upgraded shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY) to a strong-buy rating in a report issued on Wednesday, Zacks.com reports.

Siemens Aktiengesellschaft Price Performance

SIEGY opened at $100.89 on Wednesday. The company has a current ratio of 1.40, a quick ratio of 1.13 and a debt-to-equity ratio of 0.77. The business’s fifty day simple moving average is $92.09 and its 200-day simple moving average is $93.78. The company has a market capitalization of $161.42 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 2.62 and a beta of 1.31. Siemens Aktiengesellschaft has a 12-month low of $63.31 and a 12-month high of $103.00.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last posted its earnings results on Thursday, August 8th. The technology company reported $1.35 EPS for the quarter. Siemens Aktiengesellschaft had a net margin of 10.42% and a return on equity of 15.26%. The business had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $21.56 billion. On average, equities research analysts anticipate that Siemens Aktiengesellschaft will post 5.83 earnings per share for the current fiscal year.

Siemens Aktiengesellschaft Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.