Commerzbank AG set a €112.00 ($124.44) target price on Siemens AG (FRA:SIE) in a research report sent to investors on Monday. The firm currently has a a neutral rating on the stock.

A number of other equities analysts have also issued reports on SIE. Nord/LB set a €106.00 ($117.78) target price on shares of Siemens AG and gave the company a buy rating in a research report on Wednesday, June 1st. Independent Research GmbH set a €100.00 ($111.11) target price on shares of Siemens AG and gave the company a neutral rating in a research report on Monday, June 20th. Societe Generale set a €110.00 ($122.22) target price on shares of Siemens AG and gave the company a buy rating in a research report on Thursday, August 4th. Baader Bank set a €102.00 ($113.33) target price on shares of Siemens AG and gave the company a buy rating in a research report on Friday, August 5th. Finally, Morgan Stanley set a €96.00 ($106.67) target price on shares of Siemens AG and gave the company a neutral rating in a research report on Friday, June 17th. Eleven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The stock has an average rating of Buy and an average price target of €107.32 ($119.24).

Shares of Siemens AG (FRA:SIE) opened at 105.507 on Monday. The company has a 50-day moving average of €105.18 and a 200-day moving average of €96.11. The stock has a market capitalization of €85.41 billion and a P/E ratio of 16.485. Siemens AG has a 12-month low of €77.76 and a 12-month high of €109.00.

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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