Siemens AG (SIE) Given Consensus Recommendation of “Buy” by Brokerages
Shares of Siemens AG (FRA:SIE) have been given an average rating of “Buy” by the twenty-two research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is €130.43 ($153.44).
Several brokerages recently issued reports on SIE. Societe Generale set a €140.00 ($164.71) price target on shares of Siemens AG and gave the stock a “buy” rating in a research note on Tuesday, July 25th. Commerzbank Ag set a €121.00 ($142.35) price objective on shares of Siemens AG and gave the company a “neutral” rating in a research note on Monday, July 24th. Goldman Sachs Group, Inc. (The) set a €111.00 ($130.59) price target on shares of Siemens AG and gave the company a “sell” rating in a report on Monday, July 24th. UBS AG reaffirmed a “buy” rating and set a price target on shares of Siemens AG in a report on Monday, July 24th. Finally, J P Morgan Chase & Co set a €130.00 ($152.94) price target on shares of Siemens AG and gave the company a “neutral” rating in a report on Friday, July 21st.
Shares of Siemens AG (FRA:SIE) traded up 1.83% during trading on Friday, reaching €120.29. 18,714 shares of the company were exchanged. Siemens AG has a one year low of €98.00 and a one year high of €133.39. The stock has a market capitalization of €97.78 billion and a PE ratio of 16.77. The stock has a 50-day moving average price of €117.70 and a 200-day moving average price of €120.93.
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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