Goldman Sachs Group Inc. set a €118.00 ($131.11) price objective on Siemens AG (FRA:SIE) in a report published on Thursday morning. The firm currently has a a buy rating on the stock.

Several other brokerages 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 note on Tuesday, September 6th. Oddo Securities set a €99.00 ($110.00) price objective on shares of Siemens AG and gave the stock a neutral rating in a research note on Friday, August 5th. DZ Bank AG reaffirmed a buy rating on shares of Siemens AG in a research note on Monday, August 8th. Jefferies Group set a €120.00 ($133.33) price objective on shares of Siemens AG and gave the stock a buy rating in a research note on Monday, August 8th. Finally, Societe Generale set a €110.00 ($122.22) price objective on shares of Siemens AG and gave the stock a buy rating in a research note on Thursday, August 4th. Ten research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Siemens AG presently has an average rating of Buy and an average price target of €109.09 ($121.21).

Analyst Recommendations for Siemens AG (FRA:SIE)

Shares of Siemens AG (FRA:SIE) traded down 0.905% during mid-day trading on Thursday, hitting €104.735. 5,137 shares of the stock were exchanged. The company has a 50-day moving average of €105.62 and a 200 day moving average of €97.20. The stock has a market cap of €84.79 billion and a PE ratio of 16.365. Siemens AG has a one year low of €79.36 and a one year high of €109.00.

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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