Siemens (SIEGY) Given “Neutral” Rating at JPMorgan Chase

JPMorgan Chase reaffirmed their neutral rating on shares of Siemens (OTCMKTS:SIEGY) in a research report sent to investors on Thursday morning.

A number of other research firms also recently weighed in on SIEGY. ValuEngine downgraded Siemens from a buy rating to a hold rating in a report on Thursday, January 4th. Zacks Investment Research upgraded Siemens from a strong sell rating to a hold rating in a report on Thursday, January 11th. Finally, Vertical Research upgraded Siemens from a hold rating to a buy rating in a report on Monday, April 2nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. Siemens has a consensus rating of Buy and a consensus target price of $74.00.

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SIEGY stock opened at $64.65 on Thursday. Siemens has a fifty-two week low of $61.68 and a fifty-two week high of $77.17. The company has a current ratio of 1.35, a quick ratio of 0.89 and a debt-to-equity ratio of 0.60. The company has a market cap of $109,922.01, a price-to-earnings ratio of 16.58, a PEG ratio of 1.37 and a beta of 1.49.

Siemens (OTCMKTS:SIEGY) last posted its earnings results on Wednesday, January 31st. The technology company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.08. Siemens had a return on equity of 15.45% and a net margin of 7.59%. The firm had revenue of $23.35 billion for the quarter, compared to the consensus estimate of $24.69 billion. analysts expect that Siemens will post 4.72 EPS for the current year.

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Siemens Company Profile

Siemens AG is a Germany-based technology company with activities in the fields of electrification, automation and digitalization. It is also a supplier of systems for power generation and transmission, as well as medical diagnosis. It operates through nine segments: Power and Gas; Wind Power and Renewables; Energy Management; Building Technologies; Mobility; Digital Factory; Process Industries and Drives; Healthineers, and Financial Services.

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