Kepler Capital Markets set a €124.00 ($133.33) price target on Siemens AG (FRA:SIE) in a research note issued to investors on Thursday. The brokerage currently has a buy rating on the stock.
A number of other research analysts have also recently issued reports on the stock. Jefferies Group LLC set a €120.00 ($129.03) target price on shares of Siemens AG and gave the company a buy rating in a report on Thursday, November 17th. Citigroup Inc. reiterated a buy rating on shares of Siemens AG in a research report on Thursday, October 13th. Goldman Sachs Group, Inc. (The) set a €118.00 ($126.88) price target on shares of Siemens AG and gave the company a buy rating in a research report on Wednesday, October 19th. Barclays PLC set a €100.00 ($107.53) price target on shares of Siemens AG and gave the company a neutral rating in a research report on Wednesday, November 2nd. Finally, Societe Generale set a €120.00 ($129.03) price target on shares of Siemens AG and gave the company a buy rating in a research report on Thursday, November 3rd. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of €115.33 ($124.01).
Shares of Siemens AG (FRA:SIE) traded down 0.263% during mid-day trading on Thursday, reaching €119.287. The company’s stock had a trading volume of 11,758 shares. Siemens AG has a 1-year low of €79.36 and a 1-year high of €120.36. The firm’s 50 day moving average price is €116.04 and its 200-day moving average price is €106.95. The company has a market capitalization of €96.42 billion and a price-to-earnings ratio of 17.941.
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.