Siemens AG (SIE) Rating Reiterated by J P Morgan Chase & Co
Siemens AG (FRA:SIE)‘s stock had its “neutral” rating reaffirmed by equities research analysts at J P Morgan Chase & Co in a research report issued on Tuesday.
A number of other research analysts have also recently commented on the company. Citigroup Inc. set a €134.00 ($157.65) price objective on Siemens AG and gave the stock a “buy” rating in a research note on Monday. Baader Bank set a €134.00 ($157.65) price objective on Siemens AG and gave the stock a “buy” rating in a research note on Thursday, October 19th. UBS AG set a €131.00 ($154.12) price objective on Siemens AG and gave the stock a “buy” rating in a research note on Tuesday, October 17th. Barclays PLC set a €125.00 ($147.06) price objective on Siemens AG and gave the stock a “neutral” rating in a research note on Monday, October 16th. Finally, Morgan Stanley set a €120.00 ($141.18) price objective on Siemens AG and gave the stock a “neutral” rating in a research note on Monday, October 16th. One analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of €130.31 ($153.31).
Shares of Siemens AG (FRA:SIE) traded up 0.065% during midday trading on Tuesday, reaching €116.309. The company’s stock had a trading volume of 3,026 shares. The firm’s 50 day moving average is €117.24 and its 200 day moving average is €121.13. The firm has a market capitalization of €94.54 billion and a price-to-earnings ratio of 16.215. Siemens AG has a 52 week low of €98.00 and a 52 week 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.
Receive News & Ratings for Siemens AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Siemens AG and related companies with MarketBeat.com's FREE daily email newsletter.