Siemens AG (SIE) Given a €118.00 Price Target by Goldman Sachs Group Inc. Analysts
Siemens AG (FRA:SIE) received a €118.00 ($129.67) target price from stock analysts at Goldman Sachs Group Inc. in a note issued to investors on Wednesday. The firm presently has a a “buy” rating on the stock.
A number of other analysts have also recently issued reports on SIE. Morgan Stanley set a €104.00 ($114.29) target price on Siemens AG and gave the stock a “neutral” rating in a research note on Tuesday, September 6th. Oddo Securities set a €99.00 ($108.79) target price on Siemens AG and gave the stock a “neutral” rating in a research note on Friday, August 5th. DZ Bank AG reissued a “buy” rating on shares of Siemens AG in a research note on Monday, August 8th. Jefferies Group set a €120.00 ($131.87) target price on Siemens AG and gave the stock a “buy” rating in a research note on Monday, August 8th. Finally, Societe Generale set a €110.00 ($120.88) target price on Siemens AG and gave the stock a “buy” rating in a research note on Thursday, August 4th. Ten analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of €109.09 ($119.88).
Shares of Siemens AG (FRA:SIE) opened at 105.057 on Wednesday. Siemens AG has a 52 week low of €79.36 and a 52 week high of €109.00. The stock has a 50 day moving average of €105.25 and a 200-day moving average of €97.95. The firm has a market capitalization of €85.05 billion and a PE ratio of 16.415.
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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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