How Citigroup Currently Rates Siemens AG (OTCMKTS:SIEGY)
Research professionals at Citigroup have commenced coverage coverage on Siemens AG (OTCMKTS:SIEGY) with Buy rating. This was revealed to clients in a comprehensive report on Tuesday, 1 December.
From a total of 1 analysts covering Siemens AG (OTCMKTS:SIEGY) stock, 1 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. Siemens AG was the topic of 4 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Bank of America upgraded shares on October 7 to “Buy” rating. HSBC upgraded SIEGY stock in a recent report from August 28 to “Hold” rating.
Approximately 26,003 shares of stock traded hands. Siemens AG (ADR) (OTCMKTS:SIEGY) has declined 6.26% since April 28, 2015 and is downtrending. It has underperformed by 4.63% the S&P500.
Siemens AG is a global technology powerhouse. The company has a market cap of $89.28 billion. The Firm is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. It has 14.17 P/E ratio. It produces energy-efficient, resource-saving technologies.
According to Zacks Investment Research, “SIEMENS AG-ADR is the world’s largest supplier of products, systems, solutions and services for industrial automation and building technology. This business area includes Automation and Drives Industrial Solutions and Services Siemens Dematic Siemens Building Technologies AG.” Get a free copy of the Zacks research report on Siemens AG (ADR) (SIEGY)