Siemens AG’s (SIE) Buy Rating Reiterated at Citigroup Inc.
Siemens AG (FRA:SIE)‘s stock had its “buy” rating restated by Citigroup Inc. in a report released on Friday.
Other analysts have also issued reports about the company. Oddo Securities set a €99.00 ($106.45) price objective on Siemens AG and gave the stock a “neutral” rating in a report on Friday, August 5th. Jefferies Group set a €120.00 ($129.03) target price on Siemens AG and gave the company a “buy” rating in a report on Thursday. Commerzbank AG set a €112.00 ($120.43) target price on Siemens AG and gave the company a “neutral” rating in a report on Friday. DZ Bank AG restated a “buy” rating on shares of Siemens AG in a report on Friday. Finally, Baader Bank set a €110.00 ($118.28) target price on Siemens AG and gave the company a “buy” rating in a report on Wednesday. Ten investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Siemens AG currently has a consensus rating of “Buy” and an average target price of €111.64 ($120.04).
Shares of Siemens AG (FRA:SIE) opened at 107.145 on Friday. Siemens AG has a 52 week low of €79.36 and a 52 week high of €110.46. The firm has a market cap of €86.64 billion and a PE ratio of 16.112. The firm’s 50-day moving average price is €105.04 and its 200 day moving average price is €99.86.
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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