Siemens AG (SIE) PT Set at €105.00 by JPMorgan Chase & Co.
Siemens AG (FRA:SIE) has been assigned a €105.00 ($116.67) price target by stock analysts at JPMorgan Chase & Co. in a research note issued on Tuesday. The firm currently has a a “neutral” rating on the stock.
Other research analysts have also issued research reports about the company. Kepler Capital Markets set a €105.00 ($116.67) target price on Siemens AG and gave the company a “buy” rating in a report on Monday, May 23rd. HSBC set a €115.00 ($127.78) price target on Siemens AG and gave the stock a “buy” rating in a report on Wednesday, June 8th. Goldman Sachs Group Inc. set a €108.00 ($120.00) price target on Siemens AG and gave the stock a “buy” rating in a report on Wednesday, June 8th. Nord/LB set a €106.00 ($117.78) price target on Siemens AG and gave the stock a “buy” rating in a report on Wednesday, June 1st. Finally, Societe Generale set a €110.00 ($122.22) price target on Siemens AG and gave the stock a “buy” rating in a report on Monday, June 20th. Eleven analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Siemens AG presently has an average rating of “Buy” and a consensus target price of €107.32 ($119.24).
Shares of Siemens AG (FRA:SIE) opened at 105.507 on Tuesday. Siemens AG has a 52-week low of €77.76 and a 52-week high of €109.00. The stock’s 50 day moving average price is €105.18 and its 200-day moving average price is €96.11. The company has a market capitalization of €85.41 billion and a P/E ratio of 16.485.
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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