Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Upgraded to “Strong-Buy” at Citigroup

Citigroup upgraded shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY) to a strong-buy rating in a report published on Wednesday, Zacks.com reports.

Siemens Aktiengesellschaft Trading Up 2.3 %

SIEGY opened at $100.89 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.40 and a debt-to-equity ratio of 0.77. Siemens Aktiengesellschaft has a twelve month low of $63.31 and a twelve month high of $103.00. The stock has a market capitalization of $161.42 billion, a price-to-earnings ratio of 15.50, a P/E/G ratio of 3.07 and a beta of 1.31. The company has a 50-day simple moving average of $92.09 and a 200 day simple moving average of $93.78.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last issued its earnings results on Thursday, August 8th. The technology company reported $1.35 earnings per share for the quarter. Siemens Aktiengesellschaft had a return on equity of 15.26% and a net margin of 10.42%. The firm had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $21.56 billion. Analysts predict that Siemens Aktiengesellschaft will post 5.75 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.