Siemens AG (SIE) Rating Reiterated by Citigroup Inc.
Siemens AG (FRA:SIE)‘s stock had its “buy” rating reaffirmed by research analysts at Citigroup Inc. in a research report issued on Thursday.
Other equities analysts have also recently issued research reports about the stock. Nord/LB set a €106.00 ($117.78) price target on shares of Siemens AG and gave the stock a “buy” rating in a research report on Friday, June 17th. 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. Bank of America Corp. 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 Monday, June 27th. 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, BNP Paribas set a €95.00 ($105.56) price target on shares of Siemens AG and gave the stock a “neutral” rating in a research report on Tuesday, June 21st. Ten investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of €109.09 ($121.21).
Siemens AG (FRA:SIE) opened at 102.639 on Thursday. The company has a 50-day moving average price of €105.52 and a 200 day moving average price of €97.61. The firm has a market cap of €83.09 billion and a PE ratio of 16.037. Siemens AG has a 12 month low of €79.36 and a 12 month high of €109.00.
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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