Siemens AG (SIE) Given a €110.00 Price Target at Baader Bank
Siemens AG (FRA:SIE) has been assigned a €110.00 ($118.28) price target by Baader Bank in a note issued to investors on Wednesday. The brokerage currently has a a “buy” rating on the stock.
A number of other research firms have also commented on SIE. Morgan Stanley set a €104.00 ($111.83) price objective on Siemens AG and gave the stock a “neutral” rating in a research note on Tuesday, September 6th. Oddo Securities set a €99.00 ($106.45) price objective on Siemens AG and gave the stock a “neutral” rating in a research note on Friday, August 5th. DZ Bank AG reiterated a “buy” rating on shares of Siemens AG in a research note on Monday, August 8th. Independent Research GmbH set a €115.00 ($123.66) price objective on Siemens AG and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Jefferies Group set a €120.00 ($129.03) target price on Siemens AG and gave the stock a “buy” rating in a research report on Monday, August 8th. Ten analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of €111.64 ($120.04).
Shares of Siemens AG (FRA:SIE) opened at 108.45 on Wednesday. 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 €104.85 and its 200-day moving average price is €99.70. The firm has a market capitalization of €87.69 billion and a PE ratio of 16.31.
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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