Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Cut to “Neutral” at Bank of America

Bank of America cut shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY) from a buy rating to a neutral rating in a report released on Tuesday, MarketBeat reports.

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

Siemens Aktiengesellschaft Stock Performance

Siemens Aktiengesellschaft stock opened at $92.41 on Tuesday. The firm’s fifty day moving average price is $97.70 and its 200 day moving average price is $94.76. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.40 and a quick ratio of 1.13. The company has a market capitalization of $147.86 billion, a price-to-earnings ratio of 16.41, a price-to-earnings-growth ratio of 2.43 and a beta of 1.31. Siemens Aktiengesellschaft has a 12-month low of $81.10 and a 12-month high of $103.00.

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.