Siemens AG (FRA:SIE) has been assigned a €104.00 ($110.64) price objective by investment analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Friday. The brokerage currently has a “sell” rating on the stock.

SIE has been the topic of a number of other research reports. HSBC Holdings plc set a €125.00 ($132.98) target price on Siemens AG and gave the stock a “buy” rating in a research note on Monday, December 5th. Baader Bank set a €125.00 ($132.98) target price on Siemens AG and gave the stock a “buy” rating in a research note on Wednesday, December 28th. Kepler Capital Markets set a €118.00 ($125.53) target price on Siemens AG and gave the stock a “buy” rating in a research note on Monday, October 24th. Deutsche Bank AG set a €110.00 ($117.02) target price on Siemens AG and gave the stock a “neutral” rating in a research note on Wednesday, February 1st. Finally, Societe Generale set a €120.00 ($127.66) target price on Siemens AG and gave the stock a “buy” rating in a research note on Friday, November 11th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company. Siemens AG has an average rating of “Buy” and an average price target of €122.90 ($130.74).

Analyst Recommendations for Siemens AG (FRA:SIE)

Shares of Siemens AG (FRA:SIE) opened at 121.257 on Friday. Siemens AG has a 12 month low of €82.18 and a 12 month high of €123.31. The company’s 50-day moving average price is €118.00 and its 200-day moving average price is €109.57. The firm has a market cap of €98.10 billion and a P/E ratio of 17.076.

“Goldman Sachs Group, Inc. (The) Reiterates “€104.00” Price Target for Siemens AG (SIE)” was reported by Daily Political and is owned by of Daily Political. If you are accessing this news story on another website, it was copied illegally and republished in violation of United States and international trademark and copyright legislation. The legal version of this news story can be viewed at http://www.dailypolitical.com/2017/02/17/goldman-sachs-group-inc-the-reiterates-104-00-price-target-for-siemens-ag-sie.html.

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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