Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Stock Rating Lowered 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 released on Wednesday,Zacks.com reports.

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

Siemens Aktiengesellschaft Stock Performance

Shares of SIEGY opened at $123.97 on Wednesday. The firm’s 50 day moving average is $113.90 and its 200-day moving average is $103.21. The stock has a market capitalization of $198.35 billion, a P/E 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 current ratio of 1.40 and a quick ratio of 1.15. Siemens Aktiengesellschaft has a 12-month low of $83.64 and a 12-month high of $131.87.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last announced its quarterly earnings data on Thursday, February 13th. The technology company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.05. The company had revenue of $19.58 billion for the quarter, compared to analysts’ expectations of $18.70 billion. Siemens Aktiengesellschaft had a net margin of 12.41% and a return on equity of 13.82%. Equities research analysts anticipate that Siemens Aktiengesellschaft will post 6.59 EPS for the current fiscal year.

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. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.