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

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

Several other analysts also recently commented on SIEGY. Hsbc Global Res upgraded shares of Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a report on Thursday, December 5th. Bank of America lowered shares of Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 19th.

Siemens Aktiengesellschaft Stock Performance

Shares of SIEGY stock opened at $123.97 on Wednesday. The stock has a 50-day moving average of $113.90 and a 200-day moving average of $103.21. Siemens Aktiengesellschaft has a one year low of $83.64 and a one year high of $131.87. The stock has a market cap of $198.35 billion, a PE ratio of 19.04, a price-to-earnings-growth ratio of 3.27 and a beta of 1.24. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.40 and a quick ratio of 1.15.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.05. Siemens Aktiengesellschaft had a net margin of 12.41% and a return on equity of 13.82%. The business had revenue of $19.58 billion during the quarter, compared to analysts’ expectations of $18.70 billion. As a group, sell-side analysts expect that Siemens Aktiengesellschaft will post 6.59 earnings per share for the current 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.