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

Citigroup updated the shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY – Free Report) to a strong-buy rating in a report on Wednesday, Zacks.com reports.

Siemens Aktiengesellschaft trading rose 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 12-month low of $63.31 and a 12-month high of $103.00. The stock has a market cap 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 – Get Your Free Report ) last released 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

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Siemens Aktiengesellschaft, a technology company, focuses on the fields of automation and digitization in Europe, the Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia and Australia. It operates through the segments Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers and Siemens Financial Services (SFS).

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