Siemens AG (SIE) PT Set at €118.00 by Goldman Sachs Group Inc.
Siemens AG (FRA:SIE) has been given a €118.00 ($131.11) price target by equities research analysts at Goldman Sachs Group Inc. in a report issued on Thursday. The firm presently has a a “buy” rating on the stock.
Several other analysts have also recently issued reports on SIE. Independent Research GmbH set a €100.00 ($111.11) price objective on Siemens AG and gave the stock a “neutral” rating in a report on Monday, June 20th. Societe Generale set a €110.00 ($122.22) target price on 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 Siemens AG and gave the company a “buy” rating in a research report on Friday, August 5th. Morgan Stanley set a €96.00 ($106.67) target price on Siemens AG and gave the company a “neutral” rating in a research report on Friday, June 17th. Finally, Kepler Capital Markets set a €105.00 ($116.67) target price on Siemens AG and gave the company a “buy” rating in a research report on Thursday, June 30th. Ten analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Siemens AG presently has a consensus rating of “Buy” and a consensus target price of €109.09 ($121.21).
Shares of Siemens AG (FRA:SIE) opened at 105.24 on Thursday. Siemens AG has a 52 week low of €79.36 and a 52 week high of €109.00. The stock has a market capitalization of €85.20 billion and a P/E ratio of 16.44. The company has a 50-day moving average of €105.62 and a 200-day moving average of €97.14.
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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