Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Lowered to Hold Rating by Royal Bank of Canada

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) was downgraded by analysts at Royal Bank of Canada from a “moderate buy” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

SIEGY has been the subject of several other reports. Bank of America downgraded shares of Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research report on Tuesday, November 19th. Hsbc Global Res raised shares of Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research report on Thursday, December 5th.

Siemens Aktiengesellschaft Stock Down 2.6 %

Siemens Aktiengesellschaft stock opened at $123.97 on Wednesday. The firm has a market cap of $198.35 billion, a PE ratio of 19.04, a P/E/G ratio of 3.27 and a beta of 1.24. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.15 and a current ratio of 1.40. The firm’s 50 day moving average price is $113.90 and its two-hundred day moving average price is $103.21. Siemens Aktiengesellschaft has a twelve month low of $83.64 and a twelve month high of $131.87.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.05. The firm had revenue of $19.58 billion for the quarter, compared to analyst estimates of $18.70 billion. Siemens Aktiengesellschaft had a net margin of 12.41% and a return on equity of 13.82%. On average, research analysts predict that Siemens Aktiengesellschaft will post 6.59 EPS 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.