Barclays Reports That They Have Downgraded Siemens AG (SIEGY) Shares

March 18, 2018 - By Stephen Andrade

 Barclays Reports That They Have Downgraded Siemens AG (SIEGY) Shares

Siemens AG (SIEGY) Receives a Downgrade

Siemens AG (SIEGY) shares were downgraded by Barclays to a “Sell” rating in a report revealed to investors on Tuesday morning.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Ratings Coverage

Among 4 analysts covering SIEMENS AG SPO… (SIEGY), 2 have Buy rating, 2 Sell and 0 Hold. Therefore 50% are positive. SIEMENS AG SPO… had 4 analyst reports since January 10, 2017 according to SRatingsIntel. UBS upgraded Siemens Aktiengesellschaft (OTCMKTS:SIEGY) on Tuesday, January 10 to “Buy” rating. The firm has “Sell” rating by Barclays Capital given on Tuesday, December 5. The firm earned “Buy” rating on Monday, December 11 by Morgan Stanley. The stock of Siemens Aktiengesellschaft (OTCMKTS:SIEGY) has “Sell” rating given on Wednesday, January 11 by Goldman Sachs.

The stock increased 0.30% or $0.19 during the last trading session, reaching $65.7. About 133,560 shares traded. Siemens Aktiengesellschaft (SIEGY) has 0.00% since March 18, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Siemens Aktiengesellschaft (OTCMKTS:SIEGY) to report earnings on May, 3. They expect $0.97 earnings per share, up 6.59 % or $0.06 from last year’s $0.91 per share. SIEGY’s profit will be $1.62 billion for 16.93 P/E if the $0.97 EPS becomes a reality. After $1.54 actual earnings per share reported by Siemens Aktiengesellschaft for the previous quarter, Wall Street now forecasts -37.01 % negative EPS growth.

Siemens Aktiengesellschaft operates as a technology firm worldwide. The company has market cap of $109.73 billion. The company's Power and Gas segment offers gas and steam turbines, generators for gas or steam power plants, compressor trains, integrated power plant solutions, and instrumentation and control systems for power generation, and gas and oil production and transportation. It has a 14.03 P/E ratio. The Company’s Energy Management segment offers products, systems, solutions, software, and services for transmitting and distributing power, and developing intelligent power infrastructure.

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