Commerzbank AG set a €112.00 ($124.44) price target on Siemens AG (FRA:SIE) in a research note published on Monday morning. The brokerage currently has a a neutral rating on the stock.

A number of other equities research analysts have also recently issued reports on SIE. Kepler Capital Markets set a €105.00 ($116.67) price objective on 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) price objective on 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) price objective on 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 Siemens AG and gave the stock a neutral rating in a report on Wednesday, June 1st. Finally, Nord/LB set a €106.00 ($117.78) target price on Siemens AG and gave the stock a buy rating in a report on Wednesday, June 1st. Eleven analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Siemens AG has a consensus rating of Buy and an average target price of €107.32 ($119.24).

Siemens AG (FRA:SIE) opened at 105.507 on Monday. The firm’s 50 day moving average price is €105.18 and its 200-day moving average price is €96.11. Siemens AG has a one year low of €77.76 and a one year high of €109.00. The company has a market capitalization of €85.41 billion and a PE ratio of 16.485.

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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