Credit Suisse Group AG Reiterates “€110.00” Price Target for Siemens AG (SIE)
A number of other equities analysts also recently commented on SIE. Nord/LB set a €106.00 ($117.78) price objective on Siemens AG and gave the stock a buy rating in a research report on Wednesday, June 1st. Independent Research GmbH set a €100.00 ($111.11) price objective on Siemens AG and gave the stock a neutral rating in a research report on Monday, June 20th. Societe Generale set a €110.00 ($122.22) price objective on Siemens AG and gave the stock a buy rating in a research report on Thursday, August 4th. Baader Bank set a €102.00 ($113.33) price objective on Siemens AG and gave the stock a buy rating in a research report on Friday, August 5th. Finally, Morgan Stanley set a €96.00 ($106.67) price objective on Siemens AG and gave the stock a neutral rating in a research report on Friday, June 17th. Eleven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Siemens AG currently has an average rating of Buy and a consensus target price of €107.32 ($119.24).
Siemens AG (FRA:SIE) opened at 103.429 on Friday. The stock has a market capitalization of €83.73 billion and a price-to-earnings ratio of 16.161. The firm’s 50-day moving average is €104.98 and its 200-day moving average is €96.01. Siemens AG has a 52-week low of €77.76 and a 52-week high of €109.00.
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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