Berenberg Bank Analysts Give Siemens AG (SIE) a €140.00 Price Target
Siemens AG (FRA:SIE) has been assigned a €140.00 ($159.09) price target by analysts at Berenberg Bank in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the stock.
A number of other research firms also recently weighed in on SIE. HSBC Holdings plc set a €140.00 ($159.09) price target on shares of Siemens AG and gave the stock a “buy” rating in a research report on Tuesday, April 11th. Morgan Stanley set a €113.00 ($128.41) price objective on shares of Siemens AG and gave the stock a “neutral” rating in a report on Friday, April 7th. Independent Research GmbH set a €133.00 ($151.14) price objective on shares of Siemens AG and gave the stock a “neutral” rating in a report on Thursday, April 6th. UBS AG reaffirmed a “buy” rating on shares of Siemens AG in a report on Thursday, April 6th. Finally, Deutsche Bank AG set a €126.00 ($143.18) price objective on shares of Siemens AG and gave the stock a “neutral” rating in a report on Wednesday, April 5th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of €133.60 ($151.82).
Siemens AG (SIE) traded down 0.343% during mid-day trading on Friday, reaching €120.433. 4,609 shares of the company traded hands. Siemens AG has a 52-week low of €87.75 and a 52-week high of €133.39. The stock has a market capitalization of €97.57 billion and a PE ratio of 17.003. The firm’s 50-day moving average is €126.92 and its 200 day moving average is €123.44.
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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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