Siemens AG (SIE) PT Set at €112.00 by Commerzbank AG
Siemens AG (FRA:SIE) has been assigned a €112.00 ($124.44) price objective by research analysts at Commerzbank AG in a report released on Monday. The brokerage presently has a a “neutral” rating on the stock.
Several other analysts have also recently issued reports on SIE. Kepler Capital Markets set a €105.00 ($116.67) target price on shares of Siemens AG and gave the stock a “buy” rating in a research note on Monday, May 23rd. Barclays PLC set a €96.00 ($106.67) target price on shares of Siemens AG and gave the stock a “neutral” rating in a research note on Thursday, May 26th. JPMorgan Chase & Co. set a €98.00 ($108.89) target price on shares of Siemens AG and gave the stock a “neutral” rating in a research note on Friday, May 27th. Independent Research GmbH set a €100.00 ($111.11) target price on shares of Siemens AG and gave the stock a “neutral” rating in a research note on Wednesday, June 1st. Finally, Nord/LB set a €106.00 ($117.78) target price on shares of Siemens AG and gave the stock a “buy” rating in a research note on Wednesday, June 1st. Eleven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Siemens AG presently has a consensus rating of “Buy” and a consensus price target of €107.32 ($119.24).
Shares of Siemens AG (FRA:SIE) opened at 103.429 on Monday. The company has a market cap of €83.73 billion and a PE ratio of 16.161. Siemens AG has a 52 week low of €77.76 and a 52 week high of €109.00. The company has a 50 day moving average of €104.98 and a 200 day moving average of €96.01.
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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