Citigroup Inc. set a €134.00 ($159.52) target price on Siemens AG (FRA:SIE) in a research note issued to investors on Wednesday. The brokerage currently has a buy rating on the stock.

Other research analysts also recently issued reports about the company. Jefferies Group LLC set a €155.00 ($184.52) price objective on Siemens AG and gave the company a buy rating in a research note on Monday, July 10th. HSBC Holdings plc set a €140.00 ($166.67) price objective on Siemens AG and gave the company a buy rating in a research note on Friday, July 7th. Berenberg Bank set a €140.00 ($166.67) price objective on Siemens AG and gave the company a buy rating in a research note on Wednesday, June 14th. Nord/LB set a €145.00 ($172.62) price objective on Siemens AG and gave the company a buy rating in a research note on Wednesday, June 28th. Finally, UBS AG reissued a buy rating and issued a price objective on shares of Siemens AG in a research note on Monday, July 24th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the company. Siemens AG has a consensus rating of Buy and an average price target of €130.31 ($155.13).

Shares of Siemens AG (FRA SIE) traded down 0.086% on Wednesday, reaching €118.199. 5,759 shares of the company traded hands. The company has a market capitalization of €96.08 billion and a PE ratio of 16.478. Siemens AG has a 52-week low of €98.00 and a 52-week high of €133.39. The firm has a 50-day moving average of €112.62 and a 200-day moving average of €122.15.

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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.

Analyst Recommendations for Siemens AG (FRA:SIE)

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