BNP Paribas Reiterates €100.00 Price Target for Siemens AG (SIE)
Siemens AG (FRA:SIE) has been given a €100.00 ($111.11) price objective by analysts at BNP Paribas in a research note issued to investors on Thursday. The firm currently has a a “neutral” rating on the stock.
Several other brokerages have also recently issued reports on SIE. Morgan Stanley set a €104.00 ($115.56) price target on shares of Siemens AG and gave the stock a “neutral” rating in a research report on Tuesday, September 6th. Oddo Securities set a €99.00 ($110.00) price target on shares of Siemens AG and gave the stock a “neutral” rating in a research report on Friday, August 5th. DZ Bank AG reissued a “buy” rating on shares of Siemens AG in a research report on Monday, August 8th. Jefferies Group set a €120.00 ($133.33) price target on shares of Siemens AG and gave the stock a “buy” rating in a research report on Monday, August 8th. Finally, Societe Generale set a €110.00 ($122.22) price target on shares of Siemens AG and gave the stock a “buy” rating in a research report on Thursday, August 4th. Eleven analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of €107.55 ($119.49).
Shares of Siemens AG (FRA:SIE) opened at 103.707 on Thursday. Siemens AG has a 12 month low of €77.99 and a 12 month high of €109.00. The company’s 50-day moving average is €105.89 and its 200 day moving average is €96.68. The company has a market capitalization of €83.95 billion and a price-to-earnings ratio of 16.204.
About Siemens AG
Siemens AG is an integrated technology company with activities in the fields of industry, energy and healthcare. Siemens operates in six segments: Industry, Energy, Healthcare, Equity Investments, Siemens IT Solutions and Services and Siemens Financial Services (SFS). Industry, Energy and Healthcare are reported along with 14 divisions, which comprise the divisions, Industry Automation, Drive Technologies, Building Technologies, OSRAM, Industry Solutions and Mobility, belonging to the Industry Sector, the Divisions, Fossil Power Generation, Renewable Energy, Oil and Gas, Power Transmission and Power Distribution, belonging to the Energy Sector and the Divisions, Imaging and Information Technology (IT), Workflow and Solutions and Diagnostics, belonging to the Healthcare Sector.
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