Siemens AG (SIE) Receives Consensus Rating of “Buy” from Analysts
Siemens AG (FRA:SIE) has been assigned an average recommendation of “Buy” from the twenty-two research firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is €130.31 ($153.31).
SIE has been the topic of a number of research analyst reports. UBS AG set a €131.00 ($154.12) target price on Siemens AG and gave the stock a “buy” rating in a research report on Wednesday, September 13th. Berenberg Bank set a €140.00 ($164.71) target price on Siemens AG and gave the stock a “buy” rating in a research report on Tuesday, June 20th. J P Morgan Chase & Co set a €130.00 ($152.94) target price on Siemens AG and gave the stock a “neutral” rating in a research report on Friday, July 21st. BNP Paribas set a €135.00 ($158.82) target price on Siemens AG and gave the stock a “buy” rating in a research report on Monday, September 11th. Finally, Commerzbank Ag set a €121.00 ($142.35) target price on Siemens AG and gave the stock a “neutral” rating in a research report on Friday, July 14th.
Shares of Siemens AG (FRA:SIE) traded up 0.30% on Wednesday, hitting €120.51. The stock had a trading volume of 5,724 shares. Siemens AG has a 12-month low of €98.00 and a 12-month high of €133.39. The stock has a 50 day moving average price of €114.42 and a 200-day moving average price of €121.72. The company has a market cap of €97.95 billion and a price-to-earnings ratio of 16.80.
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Siemens AG Company Profile
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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