Siemens AG (SIE) Earns Neutral Rating from J P Morgan Chase & Co

J P Morgan Chase & Co reaffirmed their neutral rating on shares of Siemens AG (FRA:SIE) in a research note issued to investors on Monday.

SIE has been the subject of a number of other reports. BNP Paribas set a €135.00 ($158.82) price target on shares of Siemens AG and gave the company a buy rating in a research report on Monday, September 11th. Kepler Capital Markets set a €126.50 ($148.82) price target on shares of Siemens AG and gave the company a neutral rating in a research report on Wednesday, September 27th. Goldman Sachs Group, Inc. (The) set a €102.00 ($120.00) price target on shares of Siemens AG and gave the company a sell rating in a research report on Wednesday, August 9th. S&P Global set a €145.00 ($170.59) price target on shares of Siemens AG and gave the company a buy rating in a research report on Thursday, August 3rd. Finally, Societe Generale set a €135.00 ($158.82) price target on shares of Siemens AG and gave the company a buy rating in a research report on Monday, August 7th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company. Siemens AG presently has a consensus rating of Buy and a consensus target price of €130.17 ($153.14).

Shares of Siemens AG (FRA SIE) opened at 119.551 on Monday. The firm has a market cap of €97.17 billion and a price-to-earnings ratio of 16.667. The company has a 50 day moving average of €115.65 and a 200-day moving average of €121.59. 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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