Siemens AG (SIE) Given a €120.00 Price Target by Societe Generale Analysts
Siemens AG (FRA:SIE) has been given a €120.00 ($129.03) price target by Societe Generale in a research report issued on Friday. The brokerage currently has a a “buy” rating on the stock.
A number of other research firms have also issued reports on SIE. Barclays PLC set a €100.00 ($107.53) price target on Siemens AG and gave the company a “neutral” rating in a research report on Friday, August 5th. S&P Global Inc. set a €115.00 ($123.66) price target on Siemens AG and gave the company a “buy” rating in a research report on Thursday, August 4th. Nord/LB set a €112.00 ($120.43) price target on Siemens AG and gave the company a “buy” rating in a research report on Thursday, August 4th. Commerzbank AG set a €96.00 ($103.23) price target on Siemens AG and gave the company a “neutral” rating in a research report on Thursday, August 4th. Finally, Independent Research GmbH set a €105.00 ($112.90) price target on Siemens AG and gave the company a “neutral” rating in a research report on Thursday, August 4th. Ten research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of €111.23 ($119.60).
Shares of Siemens AG (FRA:SIE) opened at 108.857 on Friday. The company’s 50 day moving average price is €104.75 and its 200-day moving average price is €99.60. The firm has a market cap of €88.02 billion and a P/E ratio of 16.369. Siemens AG has a 12-month low of €79.36 and a 12-month high of €110.46.
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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