Siemens AG (FRA:SIE) received a €140.00 ($160.92) price target from Berenberg Bank in a report issued on Friday. The firm currently has a “buy” rating on the stock.
A number of other equities research analysts have also issued reports on SIE. UBS AG set a €131.00 ($150.57) target price on Siemens AG and gave the company a “buy” rating in a research report on Monday, March 27th. Jefferies Group LLC set a €155.00 ($178.16) target price on Siemens AG and gave the company a “buy” rating in a research report on Monday, July 10th. Commerzbank Ag set a €121.00 ($139.08) target price on Siemens AG and gave the company a “neutral” rating in a research report on Friday. Deutsche Bank AG set a €130.00 ($149.43) target price on Siemens AG and gave the company a “neutral” rating in a research report on Wednesday, July 5th. Finally, HSBC Holdings plc set a €140.00 ($160.92) target price on Siemens AG and gave the company a “buy” rating in a research report on Friday, July 7th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of €133.60 ($153.56).
Shares of Siemens AG (FRA:SIE) opened at 117.90 on Friday. The company has a market cap of €95.52 billion and a PE ratio of 16.65. The company has a 50 day moving average price of €126.92 and a 200 day moving average price of €123.44. Siemens AG has a 52 week low of €87.75 and a 52 week 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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