Siemens AG (FRA:SIE) has been assigned a €118.00 ($126.88) price objective by Goldman Sachs Group Inc. in a research note issued to investors on Friday. The firm presently has a a “buy” rating on the stock.

Other research analysts have also recently issued research reports about the stock. Jefferies Group set a €110.00 ($118.28) price target on shares of Siemens AG and gave the stock a “buy” rating in a research note on Tuesday, July 26th. Kepler Capital Markets set a €102.00 ($109.68) price objective on shares of Siemens AG and gave the stock a “buy” rating in a report on Monday, July 25th. Societe Generale set a €110.00 ($118.28) price objective on shares of Siemens AG and gave the stock a “buy” rating in a report on Friday, July 22nd. S&P Global Inc. set a €115.00 ($123.66) price objective on shares of Siemens AG and gave the stock a “buy” rating in a report on Thursday, August 4th. Finally, Nord/LB set a €112.00 ($120.43) price objective 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 issued a buy rating to the stock. Siemens AG has a consensus rating of “Buy” and an average price target of €111.23 ($119.60).

Analyst Recommendations for Siemens AG (FRA:SIE)

Shares of Siemens AG (FRA:SIE) opened at 108.857 on Friday. Siemens AG has a 12 month low of €79.36 and a 12 month high of €110.46. The stock’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.

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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