Standpoint Research Upgrades Siemens (SI) to Buy
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Price: $22.38 --0%
Rating Summary:
10 Buy, 15 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 22 | New: 8
Rating Summary:
10 Buy, 15 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 22 | New: 8
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Standpoint Research upgraded Siemens (NYSE: SI) from Hold to Buy.
The firm states, "We are going to reinstate Siemens at this time now trading at 9X estimates for 2012 and 8X estimates for 2013. The multiples for GE are 12X and 11X, respectively. SI should grow revenues by 4% next year, while there is no revenue growth expected for GE."
For an analyst ratings summary and ratings history on Siemens click here. For more ratings news on Siemens click here.
Shares of Siemens closed at $94.54 yesterday.
The firm states, "We are going to reinstate Siemens at this time now trading at 9X estimates for 2012 and 8X estimates for 2013. The multiples for GE are 12X and 11X, respectively. SI should grow revenues by 4% next year, while there is no revenue growth expected for GE."
For an analyst ratings summary and ratings history on Siemens click here. For more ratings news on Siemens click here.
Shares of Siemens closed at $94.54 yesterday.
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