Berenberg Bank Reiterates €120.00 Price Target for Siemens AG (SIE)
Siemens AG (FRA:SIE) has been assigned a €120.00 ($133.33) target price by research analysts at Berenberg Bank in a report released on Monday. The firm presently has a a “buy” rating on the stock.
A number of other research firms have also recently issued reports on SIE. Morgan Stanley set a €104.00 ($115.56) price objective 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) target price on shares of Siemens AG and gave the stock a “neutral” rating in a report on Friday, August 5th. DZ Bank AG restated a “buy” rating on shares of Siemens AG in a report on Monday, August 8th. Jefferies Group set a €120.00 ($133.33) target price on shares of Siemens AG and gave the stock a “buy” rating in a report on Monday, August 8th. Finally, Societe Generale set a €110.00 ($122.22) target price on shares of Siemens AG and gave the stock a “buy” rating in a report on Thursday, August 4th. Ten equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Siemens AG currently has an average rating of “Buy” and an average target price of €108.68 ($120.76).
Shares of Siemens AG (FRA:SIE) opened at 104.40 on Monday. Siemens AG has a one year low of €79.36 and a one year high of €109.00. The stock’s 50 day moving average price is €105.78 and its 200-day moving average price is €96.78. The company has a market cap of €84.52 billion and a PE ratio of 16.31.
Siemens AG Company Profile
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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