Siemens AG Lowered to Neutral at Goldman Sachs (SIEGY)




Siemens AG (NASDAQ:SIEGY) was downgraded by analysts at Goldman Sachs from a “buy” rating to a “neutral” rating in a research note issued on Friday, The Fly reports.

Shares of Siemens AG (NASDAQ:SIEGY) opened at 96.94 on Friday. The firm has a 50-day moving average price of $101.82 and a 200-day moving average price of $105.67. Siemens AG has a 52 week low of $95.27 and a 52 week high of $126.40. The firm has a market capitalization of $79.73 billion and a price-to-earnings ratio of 9.28.

A number of other analysts also recently commented on SIEGY. Zacks lowered Siemens AG from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. HSBC upgraded Siemens AG to a “buy” rating in a report on Friday, August 28th. Finally, Kepler Capital Markets upgraded Siemens AG from a “sell” rating to a “hold” rating in a research note on Wednesday, August 5th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Siemens AG has an average rating of “Hold”.

Siemens AG is a globally operating technology company with core activities in the fields of energy, healthcare, industry and infrastructure. Siemens business activities focus on four sectors, Energy, Healthcare, Industry and Infrastructure & Cities. These sectors form four of Siemens reportable segments. In addition to the four sectors, Siemens has two additional reportable segments: Equity Investments and Siemens Financial Services. The Energy sector consists of Power Generation, Wind Power, Power Transmission and Energy Service. The Healthcare Sector includes four divisions: Imaging & Therapy Systems, Clinical Products, Diagnostics and Customer Solutions; and one sector-led Business Unit, Audiology Solutions. The Industry sector consists of three divisions: Industry Automation, Drive Technologies and Customer Services; The Infrastructure & Cities sector consists of five divisions: Rail Systems, Mobility and Logistics, Low and Medium Voltage, Smart Grid, and Building Technologies.



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Siemens, GE, Hitachi, Mitsubishi-Heavy