Siemens Aktiengesellschaft’s (SIEGY) Buy Rating Reiterated at DZ Bank

DZ Bank restated their buy rating on shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY) in a research report released on Friday morning, Borsen Zeitung reports.

Several other equities analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a buy rating on shares of Siemens Aktiengesellschaft in a research report on Monday, May 10th. Barclays reissued an equal weight rating on shares of Siemens Aktiengesellschaft in a research report on Monday, May 10th. Berenberg Bank reissued a buy rating on shares of Siemens Aktiengesellschaft in a research report on Friday, February 5th. Citigroup reissued a buy rating on shares of Siemens Aktiengesellschaft in a research report on Wednesday, January 27th. Finally, UBS Group reissued a buy rating on shares of Siemens Aktiengesellschaft in a research report on Tuesday, April 13th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Siemens Aktiengesellschaft currently has an average rating of Buy and an average price target of $90.00.

Shares of SIEGY opened at $86.06 on Friday. The stock has a market capitalization of $146.30 billion, a price-to-earnings ratio of 30.63, a price-to-earnings-growth ratio of 1.33 and a beta of 1.09. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.55 and a quick ratio of 1.32. The business’s 50 day simple moving average is $84.86 and its 200-day simple moving average is $77.18. Siemens Aktiengesellschaft has a 1 year low of $48.52 and a 1 year high of $88.17.

About Siemens Aktiengesellschaft

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. Its Digital Industries segment offers automation systems and software for factories, numerical control systems, motors, drives and inverters, and integrated automation systems for machine tools and production machines; process control systems, machine-to-machine communication products, sensors and radio frequency identification systems; production and product lifecycle management software; mechatronic systems simulation and testing software; and cloud-based industrial Internet of Things operating system.

See Also: Net Income

Analyst Recommendations for Siemens Aktiengesellschaft (OTCMKTS:SIEGY)

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