Siemens AG (ADR) (NASDAQ:SIEGY) has been upgraded to Buy in a statement by Berenberg Bank earlier today.
- Updated: October 3, 2016
Berenberg Bank has upgraded Siemens AG (ADR) (NASDAQ:SIEGY) to Buy in a statement released on 10/03/2016.
Boasting a price of $116.40, Siemens AG (ADR) (NASDAQ:SIEGY) traded -0.97% lower on the day. With the last stock price close up 6.71% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Siemens AG (ADR) has recorded a 50-day average of $118.84 and a two hundred day average of $108.87. Volume of trade was down over the average, with 44,193 shares of SIEGY changing hands under the typical 78,803
With a total market value of $0, Siemens AG (ADR) has price-earnings ratio of 16.18 with a one year low of $86.58 and a one year high of $122.84 .
More About Siemens AG (ADR) (NASDAQ:SIEGY)
Siemens AG is a Germany-based industrial conglomerate that operates in nine segments: Power and Gas offers products and solutions for generating electricity from fossil and renewable fuels and for transporting oil and natural gas; Wind Power and Renewables provides solutions for the wind power industry; Energy Management supplies products, systems, solutions and services for transmission and distribution of electrical energy; Building Technologies includes building and infrastructure systems; Mobility focuses on passenger and freight transportation solutions; Digital Factory offers automation technology, industrial switchgear, industry software and related services; Process Industries and Drives offers various systems and solutions to industry sectors; Healthcare specializes in medical imaging, laboratory diagnostics and information technology (IT) solutions for the healthcare industry, and Financial Services provides business-to-business financial solutions.
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