Siemens AG (SIE) Receives Average Recommendation of “Hold” from Analysts
Shares of Siemens AG (FRA:SIE) have been assigned an average rating of “Hold” from the twenty-one brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is €133.60 ($153.56).
A number of equities analysts recently commented on the stock. J P Morgan Chase & Co set a €130.00 ($149.43) target price on shares of Siemens AG and gave the stock a “neutral” rating in a research note on Friday. Goldman Sachs Group, Inc. (The) set a €112.00 ($128.74) target price on shares of Siemens AG and gave the stock a “sell” rating in a research note on Friday, July 14th. Berenberg Bank set a €140.00 ($160.92) price target on shares of Siemens AG and gave the company a “buy” rating in a research report on Friday, July 14th. Commerzbank Ag set a €121.00 ($139.08) price target on shares of Siemens AG and gave the company a “neutral” rating in a research report on Friday, July 14th. Finally, Jefferies Group LLC set a €155.00 ($178.16) price target on shares of Siemens AG and gave the company a “buy” rating in a research report on Monday, July 10th.
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Shares of Siemens AG (SIE) traded down 2.050% during trading on Friday, reaching €116.072. The company had a trading volume of 8,069 shares. The firm has a 50-day moving average of €123.83 and a 200 day moving average of €123.97. The firm has a market capitalization of €94.04 billion and a PE ratio of 16.387. Siemens AG has a 1-year low of €94.50 and a 1-year high of €133.39.
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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