Independent Research GmbH Reiterates Hold Rating for Siemens AG (SIE)

Siemens AG (FRA: SIE)‘s stock had its “hold” rating reaffirmed by stock analysts at Independent Research GmbH in a report issued on Tuesday, Analyst Ratings.Net reports. They currently have a €84.00 ($109.09) price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Siemens AG in a research note to investors on Wednesday, May 22nd. They now have a €72.00 ($93.51) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Siemens AG in a research note to investors on Monday, May 20th. They now have a €95.00 ($123.38) price target on the stock. Finally, analysts at AlphaValue reiterated a “reduce” rating on shares of Siemens AG in a research note to investors on Thursday, May 16th. They now have a €83.60 ($108.57) price target on the stock.

Five analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have assigned a buy rating to the company’s stock. Siemens AG has a consensus rating of “Hold” and a consensus price target of €82.96 ($107.74).

Shares of Siemens AG (FRA: SIE) traded up 0.25% during mid-day trading on Tuesday, hitting €82.90. Siemens AG has a one year low of €62.16 and a one year high of €88.00. The stock’s 50-day moving average is currently €77.03.

Siemens AG is an integrated technology company with activities in the fields of industry, energy and healthcare.

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