Siemens AG (SIE) Given a €100.00 Price Target by Deutsche Bank AG Analysts
Siemens AG (FRA:SIE) has been given a €100.00 ($107.53) price target by investment analysts at Deutsche Bank AG in a research note issued on Friday. The brokerage currently has a a “neutral” rating on the stock.
A number of other equities research analysts also recently issued reports on the company. Citigroup Inc. reissued a “buy” rating on shares of Siemens AG in a research report on Thursday, October 13th. Goldman Sachs Group Inc. set a €109.00 ($117.20) price objective on Siemens AG and gave the stock a “buy” rating in a research note on Friday, August 12th. Jefferies Group set a €120.00 ($129.03) price objective on Siemens AG and gave the stock a “buy” rating in a research note on Monday, August 8th. Commerzbank AG set a €112.00 ($120.43) price objective on Siemens AG and gave the stock a “neutral” rating in a research note on Tuesday, September 13th. Finally, JPMorgan Chase & Co. set a €97.00 ($104.30) price objective on Siemens AG and gave the stock a “neutral” rating in a research note on Thursday, July 28th. Ten analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of €111.23 ($119.60).
Siemens AG (FRA:SIE) opened at 108.857 on Friday. Siemens AG has a 1-year low of €79.36 and a 1-year high of €110.46. The company’s 50-day moving average price is €104.75 and its 200-day moving average price is €99.60. The stock has a market cap of €88.02 billion and a P/E ratio of 16.369.
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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