Commerzbank AG set a €112.00 ($124.44) price objective on Siemens AG (FRA:SIE) in a research note issued to investors on Tuesday morning. The firm currently has a a neutral rating on the stock.

SIE has been the topic of a number of other reports. Goldman Sachs Group Inc. set a €109.00 ($121.11) target price on shares of Siemens AG and gave the stock a buy rating in a research note on Wednesday, September 7th. Berenberg Bank set a €95.00 ($105.56) price objective on shares of Siemens AG and gave the company a neutral rating in a research note on Thursday, September 8th. Morgan Stanley set a €104.00 ($115.56) price objective on shares of Siemens AG and gave the company a neutral rating in a research note on Tuesday, September 6th. Nord/LB set a €106.00 ($117.78) price objective on shares of Siemens AG and gave the company a buy rating in a research note on Wednesday, June 1st. Finally, HSBC set a €108.00 ($120.00) price objective on shares of Siemens AG and gave the company a buy rating in a research note on Thursday, May 19th. Eleven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of Buy and an average target price of €106.32 ($118.13).

Shares of Siemens AG (FRA:SIE) opened at 104.24 on Tuesday. Siemens AG has a 52 week low of €77.76 and a 52 week high of €109.00. The firm’s 50-day moving average is €104.60 and its 200-day moving average is €95.65. The stock has a market capitalization of €84.39 billion and a price-to-earnings ratio of 16.29.

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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