Commerzbank AG set a €112.00 ($124.44) price objective on Siemens AG (FRA:SIE) in a report published on Tuesday. The brokerage currently has a a neutral rating on the stock.

A number of other equities research analysts also recently weighed in on the company. Goldman Sachs Group Inc. set a €109.00 ($121.11) price target on Siemens AG and gave the company a buy rating in a research report on Friday, August 12th. Jefferies Group set a €120.00 ($133.33) price objective on Siemens AG and gave the company a buy rating in a research note on Monday, August 8th. Bank of America Corp. set a €110.00 ($122.22) price objective on Siemens AG and gave the company a buy rating in a research note on Monday, June 27th. Citigroup Inc. set a €121.00 ($134.44) price objective on Siemens AG and gave the company a buy rating in a research note on Wednesday, September 7th. Finally, JPMorgan Chase & Co. set a €97.00 ($107.78) price objective on Siemens AG and gave the company a neutral rating in a research note on Thursday, July 28th. Eleven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of €106.32 ($118.13).

Siemens AG (FRA:SIE) opened at 104.24 on Tuesday. Siemens AG has a 1-year low of €77.76 and a 1-year high of €109.00. The company’s 50-day moving average price is €104.60 and its 200-day moving average price is €95.65. The firm has a market capitalization of €84.39 billion and a P/E 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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