Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Lowered to Neutral Rating by Bank of America

Bank of America downgraded shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY) from a buy rating to a neutral rating in a research note published on Tuesday morning, Marketbeat Ratings reports.

Separately, Citigroup raised Siemens Aktiengesellschaft to a “strong-buy” rating in a report on Wednesday, October 2nd.

Siemens Aktiengesellschaft Stock Performance

Siemens Aktiengesellschaft stock opened at $94.38 on Tuesday. The stock has a 50-day simple moving average of $97.61 and a 200 day simple moving average of $94.79. 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 $80.43 and a 12-month high of $103.00. The stock has a market capitalization of $151.01 billion, a price-to-earnings ratio of 16.76, a P/E/G ratio of 2.93 and a beta of 1.31.

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.