Credit Suisse Group Analysts Give Siemens AG (SIE) a €135.00 Price Target

Credit Suisse Group set a €135.00 ($158.82) price objective on Siemens AG (FRA:SIE) in a report issued on Tuesday morning. The brokerage currently has a neutral rating on the stock.

Several other analysts have also weighed in on the company. Citigroup Inc. set a €147.00 ($172.94) price objective on Siemens AG and gave the company a buy rating in a report on Monday, July 3rd. Nord/LB set a €145.00 ($170.59) price objective on Siemens AG and gave the company a buy rating in a report on Wednesday, June 28th. HSBC Holdings plc set a €140.00 ($164.71) price objective on Siemens AG and gave the company a buy rating in a report on Friday, July 7th. Goldman Sachs Group, Inc. (The) set a €112.00 ($131.76) price objective on Siemens AG and gave the company a sell rating in a report on Friday, June 30th. Finally, UBS AG restated a buy rating and issued a price objective on shares of Siemens AG in a report on Monday, July 24th. One analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of €130.43 ($153.45).

Siemens AG (FRA SIE) opened at 110.45 on Tuesday. The firm has a market cap of €89.78 billion and a P/E ratio of 15.40. Siemens AG has a 1-year low of €98.00 and a 1-year high of €133.39. The stock’s 50 day moving average price is €116.71 and its 200 day moving average price is €123.47.

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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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