Siemens AG (SIE) Rating Reiterated by Citigroup Inc.
Siemens AG (FRA:SIE)‘s stock had its “buy” rating reaffirmed by Citigroup Inc. in a research report issued to clients and investors on Thursday.
Several other research analysts have also recently commented on SIE. Independent Research GmbH set a €100.00 ($111.11) target price on shares of 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 shares of Siemens AG and gave the stock a “buy” rating in a report on Thursday, August 4th. Baader Bank set a €102.00 ($113.33) target price on shares of Siemens AG and gave the stock a “buy” rating in a report on Friday, August 5th. Morgan Stanley set a €96.00 ($106.67) target price on shares of Siemens AG and gave the stock a “neutral” rating in a report on Friday, June 17th. Finally, Kepler Capital Markets set a €105.00 ($116.67) price target on shares of Siemens AG and gave the company a “buy” rating in a research note on Thursday, June 30th. Ten research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Siemens AG currently has a consensus rating of “Buy” and a consensus target price of €109.09 ($121.21).
Shares of Siemens AG (FRA:SIE) opened at 102.639 on Thursday. The stock’s 50 day moving average is €105.52 and its 200 day moving average is €97.61. The firm has a market capitalization of €83.09 billion and a price-to-earnings ratio of 16.037. Siemens AG has a 12 month low of €79.36 and a 12 month high of €109.00.
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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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