Siemens AG (SIE) Receives €130.31 Average Price Target from Analysts
Shares of Siemens AG (FRA:SIE) have received a consensus recommendation of “Buy” from the twenty-two analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is €130.18 ($153.15).
A number of research firms have recently commented on SIE. Commerzbank Ag set a €121.00 ($142.35) price objective on Siemens AG and gave the company a “neutral” rating in a report on Friday, July 14th. Berenberg Bank set a €140.00 ($164.71) target price on Siemens AG and gave the company a “buy” rating in a research report on Friday, July 14th. Goldman Sachs Group, Inc. (The) set a €112.00 ($131.76) target price on Siemens AG and gave the company a “sell” rating in a research report on Friday, July 14th. Jefferies Group LLC set a €155.00 ($182.35) target price on Siemens AG and gave the company a “buy” rating in a research report on Monday, July 10th. Finally, HSBC Holdings plc set a €140.00 ($164.71) target price on Siemens AG and gave the company a “buy” rating in a research report on Friday, July 7th.
Shares of Siemens AG (FRA SIE) traded up 0.49% during midday trading on Wednesday, reaching €120.45. The company’s stock had a trading volume of 2,166 shares. The stock’s 50-day moving average price is €114.74 and its 200-day moving average price is €121.70. The company has a market cap of €97.91 billion and a P/E ratio of 16.79. Siemens AG has a 12-month low of €98.00 and a 12-month high of €133.39.
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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.
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