Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Updates FY 2022 Earnings Guidance

Siemens Aktiengesellschaft (OTCMKTS:SIEGYGet Rating) updated its FY 2022 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $9.77-$10.21 for the period. The company issued revenue guidance of -.

Shares of Siemens Aktiengesellschaft stock opened at $60.86 on Friday. Siemens Aktiengesellschaft has a 12 month low of $57.86 and a 12 month high of $89.66. The company has a quick ratio of 1.15, a current ratio of 1.39 and a debt-to-equity ratio of 0.80. The stock’s fifty day simple moving average is $65.28 and its 200 day simple moving average is $75.43.

SIEGY has been the subject of several research analyst reports. Zacks Investment Research upgraded Siemens Aktiengesellschaft from a sell rating to a hold rating in a research report on Tuesday, April 26th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Siemens Aktiengesellschaft from €175.00 ($182.29) to €170.00 ($177.08) in a research report on Tuesday, May 17th. Barclays cut their price objective on shares of Siemens Aktiengesellschaft from €141.00 ($146.88) to €129.00 ($134.38) in a research report on Tuesday, April 5th. Citigroup dropped their price target on Siemens Aktiengesellschaft from €215.00 ($223.96) to €207.00 ($215.63) in a research note on Friday, March 18th. Finally, UBS Group decreased their price objective on Siemens Aktiengesellschaft from €168.00 ($175.00) to €153.00 ($159.38) and set a buy rating for the company in a report on Monday, May 16th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of Buy and an average price target of $154.30.

About Siemens Aktiengesellschaft (Get Rating)

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 segments.

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Earnings History and Estimates for Siemens Aktiengesellschaft (OTCMKTS:SIEGY)

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