Siemens AG (SIE) Receives Average Rating of “Hold” from Analysts
Siemens AG (FRA:SIE) has been given a consensus recommendation of “Hold” by the twenty-one analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is €132.15 ($148.48).
A number of analysts have issued reports on SIE shares. Citigroup Inc. set a €139.00 ($156.18) target price on shares of Siemens AG and gave the company a “buy” rating in a research note on Wednesday, March 8th. Independent Research GmbH set a €133.00 ($149.44) target price on shares of Siemens AG and gave the company a “neutral” rating in a research note on Thursday, April 6th. Societe Generale set a €140.00 ($157.30) target price on shares of Siemens AG and gave the company a “buy” rating in a research note on Tuesday, March 21st. HSBC Holdings plc set a €140.00 ($157.30) price target on shares of Siemens AG and gave the company a “buy” rating in a research report on Friday, March 3rd. Finally, Morgan Stanley reissued a “neutral” rating on shares of Siemens AG in a research report on Thursday, March 23rd.
Shares of Siemens AG (FRA SIE) traded up 0.960% during trading on Monday, reaching €125.977. 3,536 shares of the company’s stock traded hands. The company has a market capitalization of €102.06 billion and a price-to-earnings ratio of 17.786. Siemens AG has a 1-year low of €86.85 and a 1-year high of €133.39. The stock has a 50-day moving average of €128.22 and a 200-day moving average of €123.02.
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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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