Siemens Sets New 1-Year High at $124.38 (SI)
Siemens (NYSE:SI) set a new 52-week high during trading hours on Tuesday, AnalystRatingsNetwork reports. The company traded as high as $124.38 and last traded at $123.89, with a volume of 253,864 shares. The stock had previously closed at $120.51.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Siemens (NYSE:SI) from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, September 26th. They now have a $128.00 price target on the stock. Separately, analysts at Societe Generale upgraded shares of Siemens (NYSE:SI) from a “hold” rating to a “buy” rating in a research note to investors on Friday, September 6th. Finally, analysts at Barclays Capital upgraded shares of Siemens (NYSE:SI) from an “equal weight” rating to an “overweight” rating in a research note to investors on Thursday, September 5th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $126.40.
Siemens has a 52 week low of $97.34 and a 52 week high of $124.38. The stock’s 50-day moving average is $114.6 and its 200-day moving average is $108.3. The company has a market cap of $104.6 billion and a P/E ratio of 16.92.
Siemens AG is engaged in electronics and electrical engineering. The Company is an integrated technology company with activities in the fields of industry, energy and healthcare.
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